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Exam (elaborations)

CIS 105 Exam Prep Verified Exam Questions and Answers Latest update 2026/2027

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CIS 105 Exam Prep Verified Exam Questions and Answers Latest update 2026/2027

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CIS 105 Exam Prep
Verified Exam Questions and Answers Latest update 2026/2027

Question:
Web 2.0 -
Answer:
a new way of using the internet for collaboration and
sharing of data among individual users

Question:
Groupthink -
Answer:
the tendency of group members to conform,
resulting in a narrow view of some issue

Question:
stealth communication -
Answer:
refers to a social network platform
feature where someone can follow updates without first getting their approval

Question:
wisdom of crowds -
Answer:
Idea that a group of individuals will
collectively have more insight than a single or small group of trained professionals

Question:
Social network being favored in some region -
Answer:
Network effects
and cultural differences

Question:
Prediction markets -
Answer:
Stock market, political campaigns, economic
events, clinical trials for drugs

,Question:
Social media is used in business to -
Answer:
Direct line to consumers

Bring traffic back to website

Attract new consumers

Learn about likes and dislikes of consumer

Can look modern and relevant

Connect like minded professionals

Question:
Debias framing effect -
Answer:
Decide how to decide up front

Challenge information given
Do your own analysis

Think about how you are going to make the decision

Question:
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

Question:
A network can have same side and cross benefits -
Answer:
True

Question:
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.

Question:
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

Question:
subsidizing adoption -
Answer:
they offered a listing service free for five
months and that helped build a larger base of users

Question:
Monopoly -
Answer:
A market in which there are many buyers but only
one seller.

Question:
complementary benefits -
Answer:
Products or services that add additional
value to the network are called:

Question:
volatile memory -
Answer:
RAM

Question:
Which of the following can lead to the Halo Effect cognitive bias while electing a leader -
Answer:
Basing judgment on branding, media, advertising

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