CIS 105 Final Exam Questions & Answers 100% Correct!

Cloud Computeing - ANSWERSShared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the internet. Non-Volatile Memory - ANSWERSMore permanent storage like flash or hard disk One-Sided Market - ANSWERSderive most of their value from a single class of users Blue Ocean Strategy - ANSWERSAn 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. Oligopoly - ANSWERSA market structure in which a few large firms dominate a market T of F "Cheaper and Faster" technology suggest that what is impossible from a cost or performance perspective today may be possible in the future - ANSWERSTrue Same-side exchange benefits - ANSWERSbenefits derived by interaction among members of a single class of participant Can a network have both same-side and cross-side benefits? - ANSWERSYes Halo Effect - ANSWERSthe tendency to draw a general impression about an individual on the basis of a single characteristic Moore's Law - ANSWERSthe observation that computing power roughly doubles every 18 months. Microprocessor - ANSWERSThe part of the computer that executes the instructions of a computer program. RAM - ANSWERSRandom Access Memory Volatile Memory - ANSWERSStorage that is wiped clean when power is cut off from a device like RAM. Flash Memory - ANSWERSType of nonvolatile memory that can be erased electronically and rewritten. S