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Exam (elaborations)

CMN 170v Final Exam – Questions With Correct Solutions

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CMN 170v Final Exam – Questions With Correct Solutions

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CMN 170v Final Exam – Questions With Correct
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Terms in this set (92)



The term "death of distance", as used radio_button_checked
here, seems a bit exaggerated with bits traveling close to the speed of light (in
because, even nowadays, there are fiberoptics and radiowaves) we have approached the
delays when communicating over limit of the physically possible
space. The basic argument here is:


While digital distance-communication acted like as an accelerator in the adoption and
("tele-communication") has been innovation of tele-communication, given global
around for many years (in the United "social distancing" policies.
States, analog TV was required to Correct
switch to digital in 2009), the COVID-
19 pandemic:


Timeless Time refers to the fact that: combining synchronous and asynchronous processes
allows to negate temporal sequence


What is an example of a many-to-one Liking of a post
communication in online social
networks?


The concept of the "space of flows" the importance of the particular structure of the
refers to a reconceptualization of underlying network
space due to (among other things): Correct


Network Externalities of a product or depends on how many other users consume it
service refer to the fact that its value
to a consumer:

,What is true with regard to positive- positive network externalities mean the more people,
and negative network externalities: the more benefit for everybody


Drawing from what we've just learned, To increase the positive network externalities of the
is there an economic/commercial social network
motivation for online social networks Correct
to "connect everybody on planet
Earth", or is this pure philanthropy?


According to media richness theory, Video-conferencing
which of the following communication Correct
channels would be best suited when
discussing essential business decisions
that define the future of a company?


The "digital footprint" comes for free, Very early risers might not post at all: they are too
but there might be problems of stressed
representativeness. What might be a Correct
problem when using "Good morning" check_box
greetings on social media as an Late risers might not post at all: they are late already
estimation when people get up? Correct
Please think about it. check_box
(check all that apply) Mainly young people do such a thing: most
(check all that apply) grandparents won't post "good morning" on Twitter
Correct
check_box
Some people might post sooner after getting up
than others
Correct


In statistics: radio_button_checked
the small n usually stands for a small sample of the
larger universe of all subjects N
Correct

, Think about the footwear industry. check_box
https://companiesmarketcap.com/foo rent or purchase of real estate for production facility
twear/largest-companies-by-market- Correct
cap/ Here Nike is clearly larger than check_box
its closest competitor, Adidas. payment of fixed salaries of managers and
Looking into it, we are likely to secretaries
discover that it's on average cheaper Correct
for Nike to produce and sell a pair of check_box
sneakers (even if we'd imagine it'd be rent or purchase of production facilities like conveyer
exactly the same pair). What are the belts
reasons that contribute to this Correct
"economies of scale" advantage? check_box
(check all that apply) rent or purchase of business intelligence software,
(check all that apply) including ERP, SCM, CRM and/or AI-based machine
learning packages
Correct
check_box
cost involved in creating and maintining global
contacts for distribution channels
Correct


Producing a product, like a car, fixed cost
requires an initial investment. For
example, you, as an entrepreneur,
need to pay a fee to register your
business. This is fee is independent of
your plan to start producing much or
little. Is this fee an example of a "fixed
cost" or a "variable/marginal cost"?
(check all that apply)


You increase your production and variable/marginal cost
have to ship out many more packages
now. The cost of packaging and
shipping physical items is an example
of:

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