- Study guides, Class notes & Summaries

MGT 2210 EXAM 1 QUESTIONS AND ANSWERS UPDATED 2024/2025 A COMPLETE SOLUTION ALL ANSWERS 100% CORRECT CONFIRMED BEST RATED TO SCORE A+ FOR PASS

MGT2210 TEST 2 QUESTIONS AND ANSWERS Blockchain - CORRECT ANSWERA distributed and decentralized ledger that records and verifies transactions and ownership, making it difficult to tamper with or shut down.

MGT2210 TEST 3 QUESTIONS AND ANSWERS What is crowdsourcing? - CORRECT ANSWERThe practice of obtaining needed services, ideas, or content through contributions from a large group of people (mostly online communities as opposed to traditional employees or suppliers)

MGT 2210 FINAL EXAM QUESTIONS AND ANSWERS social network - CORRECT ANSWERan online community that allows users to establish a personal profile and communicate with others (large ones include Facebook, LinkedIn, Google+, and Pinterest)

MGT 2210 EXAM 1 QUESTIONS AND ANSWERS data - CORRECT ANSWERcodified raw facts

Which describes a company that watches a pioneer's efforts with a product or service, learns from their competitor's successes and missteps, then enters the market quickly with a comparable or superior product at a lower cost? A)agile competitor B)nimble nemesis C)fast follower D)quick imitator correct answers fast follower In terms of resources that firms may exploit in order to sustain a competitive advantage, which does not belong on this list of characteristics? A)tough to imitate ...

product-market fit - ANS-key concept in entrepreneurship and new product development that conveys the degree to which a product satisfies market demand. Successful efforts should be desired by customers, and scale into large, profitable businesses. switching cost - ANS-The cost a consumer incurs when moving from one product to another. It can involve actual money spent (e.g., buying a new product) as well as investments in time, any data loss, and so forth. data asset - ANS-Competitive adv...

MGT 2210 Final Exam | With complete solution | 2024/25

neural networks A statistical techniques used in AI, and particularly in machine learning. hunt down and expose patterns, building multilayered relationships that humans can't detect on their own. deep learning A type of machine learning that uses multiple layers of interconnections among data to identify patterns and improve predicted results. most often uses a set of techniques known as neural networks and is popularly applied in tasks like speech recognition, image recognition, and computer...

Per the textbook, what fundamental concept is critical for the growth of platforms like Facebook, , and Twitter? Focusing on isolated market demographics. Limiting user communication capabilities. Restricting access to platform resources. Utilizing network effects. Utilizing network effects. Per the textbook, what is the main advantage of "Being Compatible with the Leading Network" for new tech entrants? It guarantees instant brand recognition and market dominance. It allows new entrants to a...