CIS 105 Final Exam Study Guide -Questions with Correct Answers/ 100% pass/ Expert Verified Why is it difficult to address the problem of Electronic Waste? - ✔✔-Nefarious actions of those willing to put profits above principle -Vagaries of international law -Complexities of the modern value chain From a strategic perspective, the trend of "cheap er and faster" technology suggest that what is impossible from a cost or performance perspective today may be possible in the future - ✔✔True What factors can help a firm establish network effects? - ✔✔-Encourage the development of complementary goods -Backward compatibility -Move early strategy -Subsidize adoption It is possible that a network may have both same -side and cross -side benefits - ✔✔True Instead of competing with established firms in an existing network market, firms should seek uncontested, new market spaces. This is called: - ✔✔Blue Ocean Strategy When network effects are present, the value of a product or service decreases as the number of users grow - ✔✔False When two or more markets, once considered distinctly separate, begin to offer similar features and capabilities, it is called: - ✔✔Convergence ----- computing stores data as a combination of bits, where a bit is either one or zero. -------- computing employs qubits that can be both one and zero at the same time - ✔✔Conventional; Qu antum Which of the following can lead to the Halo Effect cognitive bias while electing a leader? - ✔✔Base your judgement solely on advertising, branding and media Which of the following are examples of the Halo Effect? - ✔✔-Charlie associates lower -
price d products with lower quality -The packaging of a product influences Ben's opinion of the product -Anna's impression of a brand influences her opinion of the products associated with that brand Instant messaging, where everyone can send and receive messag es to one another, is an example of: - ✔✔One-sided market In ---- markets, users gain benefits from interacting with a similar category of users. This is called ---- exchange benefits. - ✔✔One-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: - ✔✔Two -sided market What are the characteristics threatening to slow down Moore's Law? - ✔✔-Power -Heat -Size A market where there are many buyers but only one dominant seller is called a: - ✔✔Monopoly Multicore, massively parallel, and grid computing are all related in that each attempts to lash together multiple co mputing devices so that they can work together to solve problems. While these technologies offer great promise, they're all subject to the same limitation: these problems must be linear --where one part must be solved before moving to the next and the next. - ✔✔False
price d products with lower quality -The packaging of a product influences Ben's opinion of the product -Anna's impression of a brand influences her opinion of the products associated with that brand Instant messaging, where everyone can send and receive messag es to one another, is an example of: - ✔✔One-sided market In ---- markets, users gain benefits from interacting with a similar category of users. This is called ---- exchange benefits. - ✔✔One-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: - ✔✔Two -sided market What are the characteristics threatening to slow down Moore's Law? - ✔✔-Power -Heat -Size A market where there are many buyers but only one dominant seller is called a: - ✔✔Monopoly Multicore, massively parallel, and grid computing are all related in that each attempts to lash together multiple co mputing devices so that they can work together to solve problems. While these technologies offer great promise, they're all subject to the same limitation: these problems must be linear --where one part must be solved before moving to the next and the next. - ✔✔False
