CIS105 asu Midterm prep UPDATED
ACTUAL Questions and CORRECT
Answers
ostrich effect - CORRECT ANSWER - ignore negative information
Heuristics - CORRECT ANSWER - rules of thumb
Fortune 500 List - CORRECT ANSWER - annual list ranks 500 largest US corps. by total
revenue of fiscal year
Simulation - CORRECT ANSWER - imitation of real world
Artificial Intelligence - CORRECT ANSWER - machines mimic natural human
intelligence
New technology has redefined the concepts of software/computing, crushed costs, fueled data-
driven decision making - CORRECT ANSWER - True
Black Box - CORRECT ANSWER - any system that cannot be directly observed and
easily understood
Algorithm - CORRECT ANSWER - how to solve class problems
System 1 of cognitive bias - CORRECT ANSWER - Fast and automatic
System 2 of cognitive bias - CORRECT ANSWER - slow, reflective
, Big Data - CORRECT ANSWER - data thats too large for traditional data-processing
Crowdsourcing - CORRECT ANSWER - Funding projects online like a kickstarter
SEM - CORRECT ANSWER - Search Engine Marketing
SEO - CORRECT ANSWER - Search Engine Optimization
CRM - CORRECT ANSWER - Customer Relationship Management
Internet of Things - CORRECT ANSWER - everyday object are connected to internet
Cloud Computing - CORRECT ANSWER - helping fast growth of technology
entrepreneurship
User-interface design - CORRECT ANSWER - makes sure systems are easy to use
Process Design - CORRECT ANSWER - Uses technology to make firm more efficient
Anchoring Bias - CORRECT ANSWER - personal relies on initial information to make a
decision
Benchmarking - CORRECT ANSWER - comparing of organizations
Debiasing - CORRECT ANSWER - reduction of bias
Machine learning - CORRECT ANSWER - A.I that studies algorithms
ACTUAL Questions and CORRECT
Answers
ostrich effect - CORRECT ANSWER - ignore negative information
Heuristics - CORRECT ANSWER - rules of thumb
Fortune 500 List - CORRECT ANSWER - annual list ranks 500 largest US corps. by total
revenue of fiscal year
Simulation - CORRECT ANSWER - imitation of real world
Artificial Intelligence - CORRECT ANSWER - machines mimic natural human
intelligence
New technology has redefined the concepts of software/computing, crushed costs, fueled data-
driven decision making - CORRECT ANSWER - True
Black Box - CORRECT ANSWER - any system that cannot be directly observed and
easily understood
Algorithm - CORRECT ANSWER - how to solve class problems
System 1 of cognitive bias - CORRECT ANSWER - Fast and automatic
System 2 of cognitive bias - CORRECT ANSWER - slow, reflective
, Big Data - CORRECT ANSWER - data thats too large for traditional data-processing
Crowdsourcing - CORRECT ANSWER - Funding projects online like a kickstarter
SEM - CORRECT ANSWER - Search Engine Marketing
SEO - CORRECT ANSWER - Search Engine Optimization
CRM - CORRECT ANSWER - Customer Relationship Management
Internet of Things - CORRECT ANSWER - everyday object are connected to internet
Cloud Computing - CORRECT ANSWER - helping fast growth of technology
entrepreneurship
User-interface design - CORRECT ANSWER - makes sure systems are easy to use
Process Design - CORRECT ANSWER - Uses technology to make firm more efficient
Anchoring Bias - CORRECT ANSWER - personal relies on initial information to make a
decision
Benchmarking - CORRECT ANSWER - comparing of organizations
Debiasing - CORRECT ANSWER - reduction of bias
Machine learning - CORRECT ANSWER - A.I that studies algorithms
