CIS105 - MIDTERM (ARIZONA STATE
UNIVERSITY EARNED ADMISSIONS)
FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ True or False? Despite modern laws and regulations, in network markets,
firms exhibit monopolistic tendencies where one firm dominates all the
other rivals..
Answer: True
◍ Web 2.0.
Answer: a new way of using the internet for collaboration and sharing of
data among individual users
◍ Groupthink.
Answer: the tendency of group members to conform, resulting in a narrow
view of some issue
◍ Quantum computers, leveraging principles of quantum physics, employ
qubits that can be both __________ at the same time.a. zero and twob.
binary and non-binaryc. one and twod. one and zero correct.
Answer: c. one and zero
◍ Random-access memory (RAM) is chip-based memory. The RAM inside
your personal computer is ____________ memory, meaning that when the
power goes out, all is lost that wasn't saved to _____________ memory like
a hard disk or flash memory.a. Tertiary; semiconductorb. Volatile;
non-volatile correctc. Read-only; write-onlyd. Non-volatile; volatile.
Answer: b. Volatile; non-volatile
◍ stealth communication.
, Answer: refers to a social network platform feature where someone can
follow updates without first getting their approval
◍ wisdom of crowds.
Answer: Idea that a group of individuals will collectively have more insight
than a single or small group of trained professionals
◍ Social network being favored in some region.
Answer: Network effects and cultural differences
◍ Prediction markets.
Answer: Stock market, political campaigns, economic events, clinical trials
for drugs
◍ The Halo Effect can be explained as ____________.a. An effect in which an
observer may tend to bend their judgement based on a specific characteristic
correctb. An effect wherein an observer underestimates the worth of the
observedc. An outstanding characteristic that sheds light on new ideasd. A
tendency to emphasize and remember stimuli that contradict one's
understanding..
Answer: a. An effect in which an observer may tend to bend their judgement
based on a specific characteristic
◍ Social media is used in business to.
Answer: Direct line to consumersBring traffic back to websiteAttract new
consumersLearn about likes and dislikes of consumerCan look modern and
relevantConnect like minded professionals
◍ Debias framing effect.
Answer: Decide how to decide up frontChallenge information givenDo your
own analysisThink about how you are going to make the decision
◍ Which of the following would be a situation where the halo effect is
irrelevant?a. Conducting a performance evaluationb. Grading an essay
questionc. Waiting for an outcome that depends on an act of nature correctd.
Making a decision based on a minor feature of the main idea.
Answer: c. Waiting for an outcome that depends on an act of nature
, ◍ framing effect.
Answer: the tendency for people's choices to be affected by how a choice is
presented, or framed, such as whether it is worded in terms of potential
losses or gains
◍ A network can have same side and cross benefits.
Answer: True
◍ Which of the following is not an example of the Halo effect?a. Purchasing a
soap with a better packaging design as compared to other soaps.b. A product
that has a low price is of an inferior quality, while an expensive product
would have a great qualityc. Choosing a restaurant based on the reviews by
food bloggers instead of choosing a place based on how beautiful its
pictures look online correctd. A product backed by a well-known brand
ambassador is generally assumed to be more reliable.
Answer: c. Choosing a restaurant based on the reviews by food bloggers
instead of choosing a place based on how beautiful its pictures look online
◍ Blue Ocean Strategy.
Answer: An approach where firms seek to create and compete in
uncontested "blue ocean" market spaces, rather than competing in spaces
and ways that have attracted many, similar rivals.
◍ Cloud Computing.
Answer: A system in which all computer programs and data is stored on a
central server owned by a company (e.g. Google) and accessed virtually
◍ A person's _________ can affect the degree of influence of the halo effect.a.
Characterb. Financial statusc. Emotional state correctd. Analytical ability.
Answer: c. Emotional state
◍ When dealing with children, Parents can handle the halo effect by:a.
Discriminating between their children based on their intellectb. Appreciating
their children's' existing talents and encouraging development of new
talentsc. Commanding and making all decisions for their childrend.
Mentoring children and guiding them at every stage during their childhood.
UNIVERSITY EARNED ADMISSIONS)
FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ True or False? Despite modern laws and regulations, in network markets,
firms exhibit monopolistic tendencies where one firm dominates all the
other rivals..
Answer: True
◍ Web 2.0.
Answer: a new way of using the internet for collaboration and sharing of
data among individual users
◍ Groupthink.
Answer: the tendency of group members to conform, resulting in a narrow
view of some issue
◍ Quantum computers, leveraging principles of quantum physics, employ
qubits that can be both __________ at the same time.a. zero and twob.
binary and non-binaryc. one and twod. one and zero correct.
Answer: c. one and zero
◍ Random-access memory (RAM) is chip-based memory. The RAM inside
your personal computer is ____________ memory, meaning that when the
power goes out, all is lost that wasn't saved to _____________ memory like
a hard disk or flash memory.a. Tertiary; semiconductorb. Volatile;
non-volatile correctc. Read-only; write-onlyd. Non-volatile; volatile.
Answer: b. Volatile; non-volatile
◍ stealth communication.
, Answer: refers to a social network platform feature where someone can
follow updates without first getting their approval
◍ wisdom of crowds.
Answer: Idea that a group of individuals will collectively have more insight
than a single or small group of trained professionals
◍ Social network being favored in some region.
Answer: Network effects and cultural differences
◍ Prediction markets.
Answer: Stock market, political campaigns, economic events, clinical trials
for drugs
◍ The Halo Effect can be explained as ____________.a. An effect in which an
observer may tend to bend their judgement based on a specific characteristic
correctb. An effect wherein an observer underestimates the worth of the
observedc. An outstanding characteristic that sheds light on new ideasd. A
tendency to emphasize and remember stimuli that contradict one's
understanding..
Answer: a. An effect in which an observer may tend to bend their judgement
based on a specific characteristic
◍ Social media is used in business to.
Answer: Direct line to consumersBring traffic back to websiteAttract new
consumersLearn about likes and dislikes of consumerCan look modern and
relevantConnect like minded professionals
◍ Debias framing effect.
Answer: Decide how to decide up frontChallenge information givenDo your
own analysisThink about how you are going to make the decision
◍ Which of the following would be a situation where the halo effect is
irrelevant?a. Conducting a performance evaluationb. Grading an essay
questionc. Waiting for an outcome that depends on an act of nature correctd.
Making a decision based on a minor feature of the main idea.
Answer: c. Waiting for an outcome that depends on an act of nature
, ◍ framing effect.
Answer: the tendency for people's choices to be affected by how a choice is
presented, or framed, such as whether it is worded in terms of potential
losses or gains
◍ A network can have same side and cross benefits.
Answer: True
◍ Which of the following is not an example of the Halo effect?a. Purchasing a
soap with a better packaging design as compared to other soaps.b. A product
that has a low price is of an inferior quality, while an expensive product
would have a great qualityc. Choosing a restaurant based on the reviews by
food bloggers instead of choosing a place based on how beautiful its
pictures look online correctd. A product backed by a well-known brand
ambassador is generally assumed to be more reliable.
Answer: c. Choosing a restaurant based on the reviews by food bloggers
instead of choosing a place based on how beautiful its pictures look online
◍ Blue Ocean Strategy.
Answer: An approach where firms seek to create and compete in
uncontested "blue ocean" market spaces, rather than competing in spaces
and ways that have attracted many, similar rivals.
◍ Cloud Computing.
Answer: A system in which all computer programs and data is stored on a
central server owned by a company (e.g. Google) and accessed virtually
◍ A person's _________ can affect the degree of influence of the halo effect.a.
Characterb. Financial statusc. Emotional state correctd. Analytical ability.
Answer: c. Emotional state
◍ When dealing with children, Parents can handle the halo effect by:a.
Discriminating between their children based on their intellectb. Appreciating
their children's' existing talents and encouraging development of new
talentsc. Commanding and making all decisions for their childrend.
Mentoring children and guiding them at every stage during their childhood.
