CIS105 Final Exam 2023 (Arizona State
University)/ 40 Questions and Answers.
The Halo Effect can be explained as - -An effect in which an observer may tend to bend
their judgment based on a specific characteristic.
-Which of the following would be a situation where the halo effect is irrelevant? - -
Waiting for an outcome that depends on an act of nature.
-Which of the following is not an example of the Halo effect? - -Choosing a restaurant
based on the reviews by food bloggers instead of choosing a place based on how
beautiful its pictures look online.
-A person's _________ can affect the degree of influence of the halo effect. - -
Emotional state.
-When dealing with children, Parents can handle the halo effect by: - -Appreciating
their children's' existing talents and encouraging development of new talents.
-"Sasha scores an 'A' on every one of her tests. I bet she could be a good student leader."
This is an example of: - -The halo effect.
-Network effects are characterized by a positive-feedback loop, where the biggest
networks continue to grow bigger. What implication does this positive-feedback loop
have on network markets? - -Early, fierce competition between rivals.
-Which of the following factors is responsible for the possibility of Moore's Law? - -The
distance between pathways inside silicon chips gets smaller with each successive
generation.
, -Which of the following statements is a valid reason for chip manufacturers to carry
minimal inventory? - -Products with a significant chip-based component rapidly fall in
value and can cause huge losses when overproduced.
-Which of the following is an example of a one-sided market? - -Cell phone networks.
-Which amongst the following is an outcome of the modern social media platform? - -
SEO, Wikis, Social Engagement.
-Collaborative consumption can be described as: - -A system that enables customers to
obtain and provide resources via a platform.
-Jane believes that its mushrooms are more toxic to the human body as compared to
peanuts. What would the availability heuristic tell us about Jane? - -She has probably
read up on the toxicity and adverse effects of consuming mushrooms.
-The availability heuristic may lead to incorrect conclusions to certain problems. Why
does it happen? - -The availability heuristic does not make judgements about the
frequency of events.
-Which one of the following is NOT a good example of the framing effect? - -Profit for
the year 2018 decreasing by $2000.
-___________ occurs when the choice made by a person is affected by how the
information about an item is presented. - -Framing effect
-Users who edit Wikipedia content in a manner that is biased and opinionated are said
to be violating Wikipedia's stated policy of: - -neutral point of view.
-Many firms use _____ for managing information overload, opting to distribute
content virally rather than via e-mail. - -RSS feeds
University)/ 40 Questions and Answers.
The Halo Effect can be explained as - -An effect in which an observer may tend to bend
their judgment based on a specific characteristic.
-Which of the following would be a situation where the halo effect is irrelevant? - -
Waiting for an outcome that depends on an act of nature.
-Which of the following is not an example of the Halo effect? - -Choosing a restaurant
based on the reviews by food bloggers instead of choosing a place based on how
beautiful its pictures look online.
-A person's _________ can affect the degree of influence of the halo effect. - -
Emotional state.
-When dealing with children, Parents can handle the halo effect by: - -Appreciating
their children's' existing talents and encouraging development of new talents.
-"Sasha scores an 'A' on every one of her tests. I bet she could be a good student leader."
This is an example of: - -The halo effect.
-Network effects are characterized by a positive-feedback loop, where the biggest
networks continue to grow bigger. What implication does this positive-feedback loop
have on network markets? - -Early, fierce competition between rivals.
-Which of the following factors is responsible for the possibility of Moore's Law? - -The
distance between pathways inside silicon chips gets smaller with each successive
generation.
, -Which of the following statements is a valid reason for chip manufacturers to carry
minimal inventory? - -Products with a significant chip-based component rapidly fall in
value and can cause huge losses when overproduced.
-Which of the following is an example of a one-sided market? - -Cell phone networks.
-Which amongst the following is an outcome of the modern social media platform? - -
SEO, Wikis, Social Engagement.
-Collaborative consumption can be described as: - -A system that enables customers to
obtain and provide resources via a platform.
-Jane believes that its mushrooms are more toxic to the human body as compared to
peanuts. What would the availability heuristic tell us about Jane? - -She has probably
read up on the toxicity and adverse effects of consuming mushrooms.
-The availability heuristic may lead to incorrect conclusions to certain problems. Why
does it happen? - -The availability heuristic does not make judgements about the
frequency of events.
-Which one of the following is NOT a good example of the framing effect? - -Profit for
the year 2018 decreasing by $2000.
-___________ occurs when the choice made by a person is affected by how the
information about an item is presented. - -Framing effect
-Users who edit Wikipedia content in a manner that is biased and opinionated are said
to be violating Wikipedia's stated policy of: - -neutral point of view.
-Many firms use _____ for managing information overload, opting to distribute
content virally rather than via e-mail. - -RSS feeds
