ITM 300 Final Exam Questions and All
Actual Answers 2026-2027 Updated.
Tony Hsieh served as CEO of _____, and eventually sold the firm to Amazon for $900 million. -
Answer Zappos
Steve Chen and Chad Hurley are credited as the founders of: - Answer YouTube
SEO and SEM are key tech industry acronyms that have become vital parts of the accounting
professional's operating toolkit. - Answer False
Another reason fueling the boom in fast-growing technology services is ___________________,
which, when done right, can virally spread awareness of a firm with nary a dime of conventional
ad spending a. legacy systems - Answer App stores
The _____ is a piece of U.S. legislation that raises executive and board responsibility and ties
criminal penalties to certain accounting and financial violations. - Answer Sarbanes-Oxley Act
_____ was just a sophomore when he began building computers in his dorm room at the
University of Texas. His firm would one day claim the top spot among PC manufacturers
worldwide. - Answer Michael Dell
Social media and mobile phone use are decreasing expectations for corporate ethics and
customer service. - Answer False
Technology experts in the area of user-interface design specialize in technology for competitive
advantage. - Answer False
Some of the radical changes brought about by new technologies include: - Answer the
creation of an unprecedented set of security and espionage threats.
Palmer Luckey, the founder of Oculus, was able to get early funding for his product via
Kickstarter, exceeding the fundraising goal set by his campaign without giving up a share of
equity from this campaign. - Answer True
Founders should be wary of crowdfunding sites like Kickstarter, because these efforts require
founders to give up large ownership stakes to a large number of contributors before they can
raise funds to bring products to market. - Answer False
, Technology experts in the area of _____ specialize in technology for competitive advantage. -
Answer strategy
Many of the careers in marketing are highly tech-centric. - Answer True
A recent report in Forbes suggests that what percent of firms are failing at digital
transformation? - Answer 72%
Linus Torvals created the Linux operating system. - Answer true
The founding technology entrepreneurs behind many leading firms, such as Apple, Microsoft,
and Facebook, got their start in their early 30s, leveraging university study and knowledge from
their first post-college jobs to create disruptive new firms. - Answer False
Crowdsourcing tools and question-and-answer sites like _____ allow firms to reach out for
expertise beyond their organizations. - Answer Quora
The United States holds the number one ranking in home broadband access. - Answer false
As a testament to tech's global reach, China is home to several publicly traded Internet firms, as
well as a firm that was considered the largest IPO of all time. - Answer True
Tech impact is reaching even beyond the confines of Earth itself. According to an example in
your chapter, how was a tool on the International Space Station recently acquired?: - Answer
It was printed on-demand using 3D printing technology.
The number of U.S. patent applications waiting approval has significantly declined in the past
decade. - Answer False
While process redesign, supply chain management, and factory automation are all tech-centric
operations, service operations are not. - Answer False
Yahoo! was started by _____ and _____. - Answer Jerry Yang; David Filo
Firms are increasingly shifting spending from the Web to other media such as print, radio, and
television as these are often easier to track and analyze. - Answer False
Technology experts in the area of user-interface design: - Answer work to make sure systems
are intuitive and easy to use.
Actual Answers 2026-2027 Updated.
Tony Hsieh served as CEO of _____, and eventually sold the firm to Amazon for $900 million. -
Answer Zappos
Steve Chen and Chad Hurley are credited as the founders of: - Answer YouTube
SEO and SEM are key tech industry acronyms that have become vital parts of the accounting
professional's operating toolkit. - Answer False
Another reason fueling the boom in fast-growing technology services is ___________________,
which, when done right, can virally spread awareness of a firm with nary a dime of conventional
ad spending a. legacy systems - Answer App stores
The _____ is a piece of U.S. legislation that raises executive and board responsibility and ties
criminal penalties to certain accounting and financial violations. - Answer Sarbanes-Oxley Act
_____ was just a sophomore when he began building computers in his dorm room at the
University of Texas. His firm would one day claim the top spot among PC manufacturers
worldwide. - Answer Michael Dell
Social media and mobile phone use are decreasing expectations for corporate ethics and
customer service. - Answer False
Technology experts in the area of user-interface design specialize in technology for competitive
advantage. - Answer False
Some of the radical changes brought about by new technologies include: - Answer the
creation of an unprecedented set of security and espionage threats.
Palmer Luckey, the founder of Oculus, was able to get early funding for his product via
Kickstarter, exceeding the fundraising goal set by his campaign without giving up a share of
equity from this campaign. - Answer True
Founders should be wary of crowdfunding sites like Kickstarter, because these efforts require
founders to give up large ownership stakes to a large number of contributors before they can
raise funds to bring products to market. - Answer False
, Technology experts in the area of _____ specialize in technology for competitive advantage. -
Answer strategy
Many of the careers in marketing are highly tech-centric. - Answer True
A recent report in Forbes suggests that what percent of firms are failing at digital
transformation? - Answer 72%
Linus Torvals created the Linux operating system. - Answer true
The founding technology entrepreneurs behind many leading firms, such as Apple, Microsoft,
and Facebook, got their start in their early 30s, leveraging university study and knowledge from
their first post-college jobs to create disruptive new firms. - Answer False
Crowdsourcing tools and question-and-answer sites like _____ allow firms to reach out for
expertise beyond their organizations. - Answer Quora
The United States holds the number one ranking in home broadband access. - Answer false
As a testament to tech's global reach, China is home to several publicly traded Internet firms, as
well as a firm that was considered the largest IPO of all time. - Answer True
Tech impact is reaching even beyond the confines of Earth itself. According to an example in
your chapter, how was a tool on the International Space Station recently acquired?: - Answer
It was printed on-demand using 3D printing technology.
The number of U.S. patent applications waiting approval has significantly declined in the past
decade. - Answer False
While process redesign, supply chain management, and factory automation are all tech-centric
operations, service operations are not. - Answer False
Yahoo! was started by _____ and _____. - Answer Jerry Yang; David Filo
Firms are increasingly shifting spending from the Web to other media such as print, radio, and
television as these are often easier to track and analyze. - Answer False
Technology experts in the area of user-interface design: - Answer work to make sure systems
are intuitive and easy to use.
