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Exam (elaborations)

ISM3004 Exam 1 questions with complete solutions

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ISM3004 Exam 1 questions with complete solutions

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ISM3004 Exam 1 questions with
complete solutions

Radical technological changes in recent decades have made it impossible for many industries
and companies to continue operating in their normal way. They have been forced to adapt or
become irrelevant. What term do we use for this phenomenon? - correct answer ✔✔disruption



The ability to digitize music led to radical changes in the music industry.



The MOOC is another technological innovation that we discussed. What industry might that
change? - correct answer ✔✔higher education



The term _____________ refers to a phenomenon whereby asset owners can use digital
clearinghouses to rent the unused capacity of assets they own. Examples include the following:



Turo - a website where individuals offer their personal cars for rent.

airbnb - a website that allows people to rent their apartments or homes to travelers - correct
answer ✔✔share economy



This computer pioneer accurately predicted that the number of transistors on a chip would
double approximately every two years, at the same price. - correct answer ✔✔Gordon Moore



Gallaugher says that we are in a "golden age of tech entrepreneurship" that is being enabled by
three key technologies.



Which one of those technologies makes it possible for a startup company to "rent the
computing resources one previously had to buy at great expense"? - correct answer ✔✔The
Cloud

,Information Technology can be a great career. Not only is the "sexiest job of the 21st century" in
Information Technology, there are some fantastic upper-level corporate leadership
opportunities as well! Which job title best matches the position description below?



"Senior corporate executive with primary responsibility for the security of the company's
information systems and data." - correct answer ✔✔CISO



Like uranium, tech skills and knowledge have a half-life -- and it is very short! New technology
replaces old, making current skills less valuable.



I recommended several specific actions you can take to prevent your tech skills from becoming
"useless radioactive sludge." - correct answer ✔✔Learn how to learn

Geek up!

Agile

Be creative

Curious

Creative

Geek up

Be agile

Learn to learn

Be curious



True Statements about Copyright - correct answer ✔✔By default, only the copyright owner has
the right to use their work.

Copyright is permanently fixed to the original work in some form that can be seen or heard.

Fair use is a limitation on copyright that is intended to facilitate teaching, news reporting, etc.

, Standard copyright can be quickly described by the phrase, " ____ reserved."



By contrast, Creative Commons uses the phrase " ____ reserved" to describe their approach to
content licensing. - correct answer ✔✔all

some



Suppose that you work for a medium-sized financial services company. You're searching for a
Creative Commons licensed image to use on your corporate website.



You've found one that looks like a possible starting point, but you will need to edit image before
it's suitable for use on your site -- tweak the colors, crop it, add your corporate logo, etc.



Which of the following Creative Commons licenses could be used in this situation? - correct
answer ✔✔CC by SA



Suppose that you work for a skateboard manufacturer. You're searching the web for images that
could be useful in your new catalog. You've found some great stuff at a stock photo website.



You vaguely remember Mr. Olson talking about stock photos in ISM3004 when you were an
undergraduate at UF. Which of the following statements is most true? - correct answer
✔✔You'll need to purchase the right to use those images from the stock photo site.



Which of the following phases happens last on the hype cycle curve? - correct answer
✔✔Plateau of Productivity



As we discussed, when dealing with emerging technology, timing is everything. On the Hype
Cycle below, what danger do organizations face at point B? - correct answer ✔✔Giving up too
soon.

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