CIS 105 Final Questions & Answers 100% Correct!

A market dominated by a small number of powerful sellers is called: - ANSWERSOligopoly _______ is shared pools of configurable computer system resources and hiterm-9gher-level services that can be rapidly provisioned with minimal management effort, often over the Internet. - ANSWERSCloud computing correct The ____ the value of the user's switching cost, the ____ they're likely to consider the staying power of any offering before choosing to adopt it. - ANSWERShigher; more We're now in the "fifth wave" of computing, where computers are so fast and so inexpensive that they have become ubiquitous--woven into products in ways few imagined years before. T or F - ANSWERSTrue Congestion effect occurs when: - ANSWERS-Increasing numbers of users lower the value of a product or service -A key resource becomes increasingly scarce as more users join the network Which of the following apply to Moore's Law? - ANSWERSALL When a firm seeks to make an existing market a subset of its product offering (much like iPhone did with iPod, Email, Browsing), it is called: - ANSWERSEnvelopment From a strategic perspective, the trend of "cheaper and faster" technology suggests that what is impossible from a cost or performance perspective today may be possible in the future. T or F - ANSWERSTrue The tendency for an impression created in one area to influence the opinion in another area is called: - ANSWERSHalo Effect Which of the following can lead to the Halo Effect cognitive bias while electing a leader? - ANSWERSBase your judgement solely on advertising, branding, and media Social media policies revolve around the "three Rs". What are they? (select all that apply) - ANSWERS-Representation -Respect