ISM3004 Exam 1 Study Questions &
Answers
Radical technological changes in the recent decades have made it impossible for many
industries and companies to continue operating in their normal way. They have been
forced to adapt or become irrelevant. What term do we use for this? -
ANSWERSDisruption
The ability to digitize music led to radical changes in the music industry. The MOOC is
another technological innovation that we discussed. What industry might that change? -
ANSWERSHigher Education
The term ________________ refers to a phenomenon whereby asset owners can use
digital clearinghouses to rent the unused capacity of assets they own.
Examples:
Turo - a website where individuals offer their personal cars for rent.
Airbnb - a website that allow people to rent their apartments or homes to travelers. -
ANSWERSShare economy
The computer pioneer accurately predicted that the number of transistors on a chip
would double approximately every two years, at the same price. - ANSWERSGordon
Moore
___________ is a business strategy that achieves its goals through the use of a more
consumerized work environment. - ANSWERSDigital workplace
Like uranium, tech skills and knowledge have a half life, and its very short!
New technology replaces the old, making current skills less valuable.
I recommended several specific actions you can take to prevent you tech skills from
becoming "useless radioactive sludge." - ANSWERSLearn to learn
Be creative
Geek up
According to Gartner Research, over the next few years, _______ will be the greatest
source of comparative advantage for the 30% of organizations. - ANSWERSDigital
dexterity
Many companies now practice something that Gartner calls Bimodal IT.
What are characteristics of Mode 1 IT operations? - ANSWERSRock-solid reliability
slow to change
traditional
Answers
Radical technological changes in the recent decades have made it impossible for many
industries and companies to continue operating in their normal way. They have been
forced to adapt or become irrelevant. What term do we use for this? -
ANSWERSDisruption
The ability to digitize music led to radical changes in the music industry. The MOOC is
another technological innovation that we discussed. What industry might that change? -
ANSWERSHigher Education
The term ________________ refers to a phenomenon whereby asset owners can use
digital clearinghouses to rent the unused capacity of assets they own.
Examples:
Turo - a website where individuals offer their personal cars for rent.
Airbnb - a website that allow people to rent their apartments or homes to travelers. -
ANSWERSShare economy
The computer pioneer accurately predicted that the number of transistors on a chip
would double approximately every two years, at the same price. - ANSWERSGordon
Moore
___________ is a business strategy that achieves its goals through the use of a more
consumerized work environment. - ANSWERSDigital workplace
Like uranium, tech skills and knowledge have a half life, and its very short!
New technology replaces the old, making current skills less valuable.
I recommended several specific actions you can take to prevent you tech skills from
becoming "useless radioactive sludge." - ANSWERSLearn to learn
Be creative
Geek up
According to Gartner Research, over the next few years, _______ will be the greatest
source of comparative advantage for the 30% of organizations. - ANSWERSDigital
dexterity
Many companies now practice something that Gartner calls Bimodal IT.
What are characteristics of Mode 1 IT operations? - ANSWERSRock-solid reliability
slow to change
traditional
