CIS 105 ASU Final Prep Exam
Verified Exam Questions and Answers Latest update 2026/2027
Question:
is a term used to refer to data sets that are too large or complex for traditional data
processing application software to adequately deal with. -
Answer:
Big
data
Question:
A market dominated by a small number of powerful sellers is called: -
Answer:
Oligopoly
Which of the following apply to Moore's Law? (select all that apply)
a.) Chip performance per dollar doubles every eighteen months
b.) The next generation of chips will be twice as fast in 18 months, but will cost the same as
today's models
c.) The next generation of chips will be half as expensive in 18 months but are the same speed as
today's models
d.) Strictly speaking, Moore's Law does not apply to other technology components, but other
computing components (such as storage) are also seeing their price versus performance curves
skyrocket exponentially
Question:
e.) All of the above -
Answer:
e
What are the characteristics threatening to slow down Moore's Law? (select all that apply)
Size
Question:
Power
Cost
Heat -
Answer:
size, power, heat
, Question:
When eBay was growing, they offered a listing service free for five months and that helped build
a larger base of users. This is an example of: -
Answer:
Subsidizing
Adoption
In what ways is competition in industries with network effects different from competition in
conventional (non-network) industries? (select all that apply)
a.) Network markets experience early, fierce competition
b.) Network markets exhibit oligopolistic tendencies where a few firms dominate all rivals
c.) The best product or service doesn't always win in a network market
d.) Network markets exhibit monopolistic tendencies where one firms dominates all rivals
Question:
e.) All of the above -
Answer:
a, c, d
Question:
Products or services that add additional value to the network are called: -
Answer:
Complementary Benefits
Question:
In markets, users gain benefits from interacting with a similar category of users. This is
called exchange benefits. -
Answer:
one-sided; same-side
Question:
The tendency for an impression created in one area to influence the opinion in another area is
called: -
Answer:
Halo Effect
How can you ensure the Halo Effect does not play into hiring decisions?
Verified Exam Questions and Answers Latest update 2026/2027
Question:
is a term used to refer to data sets that are too large or complex for traditional data
processing application software to adequately deal with. -
Answer:
Big
data
Question:
A market dominated by a small number of powerful sellers is called: -
Answer:
Oligopoly
Which of the following apply to Moore's Law? (select all that apply)
a.) Chip performance per dollar doubles every eighteen months
b.) The next generation of chips will be twice as fast in 18 months, but will cost the same as
today's models
c.) The next generation of chips will be half as expensive in 18 months but are the same speed as
today's models
d.) Strictly speaking, Moore's Law does not apply to other technology components, but other
computing components (such as storage) are also seeing their price versus performance curves
skyrocket exponentially
Question:
e.) All of the above -
Answer:
e
What are the characteristics threatening to slow down Moore's Law? (select all that apply)
Size
Question:
Power
Cost
Heat -
Answer:
size, power, heat
, Question:
When eBay was growing, they offered a listing service free for five months and that helped build
a larger base of users. This is an example of: -
Answer:
Subsidizing
Adoption
In what ways is competition in industries with network effects different from competition in
conventional (non-network) industries? (select all that apply)
a.) Network markets experience early, fierce competition
b.) Network markets exhibit oligopolistic tendencies where a few firms dominate all rivals
c.) The best product or service doesn't always win in a network market
d.) Network markets exhibit monopolistic tendencies where one firms dominates all rivals
Question:
e.) All of the above -
Answer:
a, c, d
Question:
Products or services that add additional value to the network are called: -
Answer:
Complementary Benefits
Question:
In markets, users gain benefits from interacting with a similar category of users. This is
called exchange benefits. -
Answer:
one-sided; same-side
Question:
The tendency for an impression created in one area to influence the opinion in another area is
called: -
Answer:
Halo Effect
How can you ensure the Halo Effect does not play into hiring decisions?
