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Exam (elaborations)

LSUS MBA 703 – Questions With Accurate Answers

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LSUS MBA 703 – Questions With Accurate Answers

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LSUS MBA 703 – Questions With Accurate Answers

What does Moore's Law describe? Correct Answer - The potential for
low-cost computing to improve performance and capabilities over time.

What is price elasticity in the context of technology? Correct Answer -
The rate at which the demand for a product or service fluctuates with price
changes.

List the evolving waves of computing from the 1960s to the 2010s. Correct
Answer - 1960s - Mainframe computers; 1970s - Minicomputers; 1980s -
PCs; 1990s - Internet computing; 2000s - Smartphone revolution; 2010s -
Pervasive computing.

What is pervasive computing? Correct Answer - The vision of
embedding low-cost sensors, processors, and communication into a wide
array of products and environments to collect data and coordinate actions.

How does Moore's Law impact healthcare? Correct Answer - It shows
the potential for low-cost computing to improve healthcare quality while
lowering costs.

What is the function of the GlowCap from Vitality, Inc.? Correct Answer -
It is a smart pill bottle that reminds users to take their medicine and can alert
others if doses are missed.

What technology does Proteus provide for medication? Correct Answer -
Ingestible tech that includes a sensor activated by the body's digestive acids to
send health data.

What is the purpose of the Medtronic PillCam? Correct Answer - To relay
images of the digestive tract for diagnosing intestinal and colon problems.

What is a bit in computing? Correct Answer - The smallest unit of data,
represented as either a one or a zero.

How many bits are in a byte? Correct Answer - Eight bits form a byte.

, What is a kilobyte? Correct Answer - Roughly one thousand bytes or
characters.

Define a megabyte. Correct Answer - One million bytes.

What is a gigabyte? Correct Answer - One billion bytes.

How many bytes are in a terabyte? Correct Answer - One trillion bytes.

What is a petabyte? Correct Answer - One quadrillion bytes.

Define an exabyte. Correct Answer - One quintillion bytes.

How is telecommunication capacity typically measured? Correct Answer -
In bits per second (bps), using prefixes like Kbps, Mbps, Gbps, and Tbps.

What role do microprocessors in cell phones play for the poor? Correct
Answer - They are transforming lives by providing access to information
and resources, particularly for those in farming.

What managerial implications arise from faster and cheaper computing?
Correct Answer - Impacts on strategic planning, inventory management,
and accounting.

What are the implications of price elasticity for new technologies? Correct
Answer - It opens new markets, creates opportunities, and can catalyze
industry disruption.

What is the significance of the 2010s in the evolution of computing? Correct
Answer - It marked the era of pervasive computing, embedding technology
into everyday products.

What does the term 'bandwidth' refer to in telecommunications? Correct
Answer - The capacity of a communication channel, often measured in bits
per second.

What service does the Ghanaian firm Esoko provide to farmers? Correct
Answer - Esoko delivers market prices, farming tips, and other key
information via text message.

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