CIS 105 Final review Questions & Answers 100% Correct!

______ 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. - ANSWERSBig data It is possible that a network may have both same-side and cross-side benefits. - ANSWERSTrue A market dominated by a small number of powerful sellers is called: - ANSWERSOligopoly _______ is shared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the Internet. - ANSWERSCloud computing A market where there are many buyers but only one dominant seller is called a: - ANSWERSMonopoly 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/F - ANSWERSTrue In _______ markets, users gain benefits from interacting with a similar category of users. This is called _______ exchange benefits. - ANSWERSone-sided; same-side The video game industry where console owners are attracted to platforms with the most games, and innovative developers are attracted to platforms that have the most users, is an example of: - ANSWERSTwo-sided Market "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 Negative consequences of being a dominant firm in a network market include: (Select all that apply) Increasing the number of users can lower the value of a product or service The primary target of virus hackers and malicious hackers A dominant firm will need to invest to enter new markets The dominant firm will need to buy-up as many competitors as possible - ANSWERSIncreasing the number of users can lower the value of a product or service The primary target of virus hackers and malicious hackers