ASU CIS 105 Final Exam Questions And
All Correct Answers Graded A+.
Cash Cow - Answer business jargon for a business venture that generates a steady return of
profits that far exceed the outlay of cash required to acquire or start it.
Magnetic Storage - Answer or magnetic recording is the storage of data on a magnetized
medium. Magnetic storage uses different patterns of magnetisation in a magnetisable material
to store data and is a form of non-volatile memory.
Price Elasticity - Answer measure used in economics to show the responsiveness, or elasticity,
of the quantity demanded of a good or service to a change in its price when nothing but the
price changes. More precisely, it gives the percentage change in quantity demanded in response
to a one percent change in price.
Bandwidth - Answer The maximum rate of data transfer across a given path.
Microprocessor - Answer A computer processor that incorporates the functions of a
computer's central processing unit on a single integrated circuit, or at most a few integrated
circuits.
Silicon Wafer - Answer also called a slice or substrate, is a thin slice of semiconductor material,
such as a crystalline silicon, used in electronics for the fabrication of integrated circuits and in
photovoltaics for conventional, wafer-based solar cells.
Cloud Computing - Answer shared pools of configurable computer system resources and
higher-level services that can be rapidly provisioned with minimal management effort, often
over the Internet. Cloud computing relies on sharing of resources to achieve coherence and
economies of scale, similar to a public utility.
Latency - Answer a time interval between the stimulation and response, or, from a more
general point of view, a time delay between the cause and the effect of some physical change in
the system being observed
Natural Language Processing (NLP) - Answer a subfield of computer science, information
engineering, and artificial intelligence concerned with the interactions between computers and
, the object; similar to scientific research, the only difference being that scientific research is
about a natural phenomenon.
Big Data - Answer a term used to refer to data sets that are too large or complex for traditional
data-processing application software to adequately deal with. Data with many cases (rows)
offergreater statistical power, while data with higher complexity (more attributes or columns)
maylead to a higher false discovery rate.
Animatronics - Answer to the use of cable pulled devices or motors to emulate a human or an
animal, or bring lifelike characteristics to an otherwise inanimate object.
What factors can help a firm establish network effects? (select all that apply) - Answer
Subsidize Adoption
Move Early Strategy
Encourage the Development of Complementary Goods
Backward Compatibility
True or False- When network effects are present, the value of a product or service decreases as
the number of users grows. - Answer False
___ is a term used to refer to data sets that are too large or complex for traditional data
processing application software to adequately deal with. - Answer Big Data
Volatile memory requires power to maintain stored information. Examples of volatile memory
include: - Answer RAM
When a firm seeks to make an existing market a subset of its product offering (much like iPhone
did with iPod, Email, Browsing), it is called: - Answer Envelopment
_______ computing stores data as a combination of bits, where a bit is either a one or a zero.
________ computing employs qubits that can be both one and zero at the same time. - Answer
Conventional; Quantum
Instant messaging, where everyone can send and receive messages to one another, is an
example of: - Answer One-Sided Market
All Correct Answers Graded A+.
Cash Cow - Answer business jargon for a business venture that generates a steady return of
profits that far exceed the outlay of cash required to acquire or start it.
Magnetic Storage - Answer or magnetic recording is the storage of data on a magnetized
medium. Magnetic storage uses different patterns of magnetisation in a magnetisable material
to store data and is a form of non-volatile memory.
Price Elasticity - Answer measure used in economics to show the responsiveness, or elasticity,
of the quantity demanded of a good or service to a change in its price when nothing but the
price changes. More precisely, it gives the percentage change in quantity demanded in response
to a one percent change in price.
Bandwidth - Answer The maximum rate of data transfer across a given path.
Microprocessor - Answer A computer processor that incorporates the functions of a
computer's central processing unit on a single integrated circuit, or at most a few integrated
circuits.
Silicon Wafer - Answer also called a slice or substrate, is a thin slice of semiconductor material,
such as a crystalline silicon, used in electronics for the fabrication of integrated circuits and in
photovoltaics for conventional, wafer-based solar cells.
Cloud Computing - Answer shared pools of configurable computer system resources and
higher-level services that can be rapidly provisioned with minimal management effort, often
over the Internet. Cloud computing relies on sharing of resources to achieve coherence and
economies of scale, similar to a public utility.
Latency - Answer a time interval between the stimulation and response, or, from a more
general point of view, a time delay between the cause and the effect of some physical change in
the system being observed
Natural Language Processing (NLP) - Answer a subfield of computer science, information
engineering, and artificial intelligence concerned with the interactions between computers and
, the object; similar to scientific research, the only difference being that scientific research is
about a natural phenomenon.
Big Data - Answer a term used to refer to data sets that are too large or complex for traditional
data-processing application software to adequately deal with. Data with many cases (rows)
offergreater statistical power, while data with higher complexity (more attributes or columns)
maylead to a higher false discovery rate.
Animatronics - Answer to the use of cable pulled devices or motors to emulate a human or an
animal, or bring lifelike characteristics to an otherwise inanimate object.
What factors can help a firm establish network effects? (select all that apply) - Answer
Subsidize Adoption
Move Early Strategy
Encourage the Development of Complementary Goods
Backward Compatibility
True or False- When network effects are present, the value of a product or service decreases as
the number of users grows. - Answer False
___ is a term used to refer to data sets that are too large or complex for traditional data
processing application software to adequately deal with. - Answer Big Data
Volatile memory requires power to maintain stored information. Examples of volatile memory
include: - Answer RAM
When a firm seeks to make an existing market a subset of its product offering (much like iPhone
did with iPod, Email, Browsing), it is called: - Answer Envelopment
_______ computing stores data as a combination of bits, where a bit is either a one or a zero.
________ computing employs qubits that can be both one and zero at the same time. - Answer
Conventional; Quantum
Instant messaging, where everyone can send and receive messages to one another, is an
example of: - Answer One-Sided Market
