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CIS 105 Midterm Exam – Arizona State University Earned Admissions | Study Guide, Practice Questions & Answers 2026/2027

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CIS 105 Midterm Exam – Arizona State University Earned Admissions | Study Guide, Practice Questions & Answers 2026/2027

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CIS105 - Midterm Exam (Arizona State University
Earned Admissions)
A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is
an example of the impact of technology in the area of _____. - ANS-operations

According to the resource-based view of competitive advantage, if a firm is to maintain a
sustainable competitive advantage, it must control a set of resources that have four critical
characteristics. Which of the following is one of those characteristics? - ANS-Valuable

An annual list compiled and published about the largest United States corporations by total
revenue for their respective fiscal years is called: - ANS-The Fortune 500

Collaborative filtering is a classification of software that: - ANS-monitors trends among
customers to personalize an individual customer's experience.

Film studios release their work in a system called _____________. - ANS-windowing

Firms enjoy _____________ when they can leverage the cost of an investment across
increasing units of production. Even if rivals have identical infrastructures, the more profitable
firm will be the one with more customers. And the firm with better _____________ is able to
lower prices, as well as to spend more on customer acquisition, new features, or other efforts. -
ANS-Scale economy; scale economy

High-end fashion house Prada's experiment of implementing the latest technology in its flagship
store failed because: - ANS-the effort was unlike Prada's signature style, being more functional
than fashionable.

In markets where commodity products are sold, the ___________ can increase buyer power by
increasing price transparency. - ANS-internet

Is the closing balance for May too high? - ANS-Yes, the formula for G24 = G3 + G10 - G22

Long Tail is a term coined by Chris Anderson, which describes firms which offer a near-limitless
selection of less-popular products. This form of business is still profitable because: (Select all
that apply) - ANS-

Operational effectiveness is usually not enough to yield sustainable competitive advantage
because: - ANS-it is unprofitable to perform tasks that are different from those of rivals.




CIS105 - Midterm Exam (Arizona State University
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Earned Admissions)https://www.stuvia.com/user/allatopnotch
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