CIS 105 ASU 4-7 Final Prep Questions & Answers 100% Accurate!

The Halo Effect can be explained as ____________. - ANSWERSAn effect in which an observer may tend to bend their judgement based on a specific characteristic Which of the following would be a situation where the halo effect is irrelevant? - ANSWERSWaiting for an outcome that depends on an act of nature Which of the following is not an example of the Halo effect? - ANSWERSChoosing a restaurant based on the reviews by food bloggers instead of choosing a place based on how beautiful its pictures look online A person's _________ can affect the degree of influence of the halo effect. - ANSWERSEmotional state When dealing with children, Parents can handle the halo effect by: - ANSWERSAppreciating their children's' existing talents and encouraging development of new talents (Correct) "Sasha scores an 'A' on every one of her tests. I bet she could be a good student leader." This is an example of: - ANSWERSThe halo effect Network effects are characterized by a positive-feedback loop, where the biggest networks continue to grow bigger. What implication does this positive-feedback loop have on network markets? - ANSWERSEarly, fierce competition between rivals Which of the following factors is responsible for the possibility of Moore's Law? - ANSWERSThe distance between pathways inside silicon chips gets smaller with each successive generation. Which of the following statements is a valid reason for chip manufacturers to carry minimal inventory? - ANSWERSProducts with a significant chip-based component rapidly fall in value and can cause huge losses when overproduced. Which of the following is an example of a one-sided market? - ANSWERSCell phone networks The Availability heuristic can be described as ____________ - ANSWERSa mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method or decision Which amongst the following is an outcome of the modern social media platform? - ANSWERSSEO, Wikis, Social Engagement