Questions And Answers Updated 2024
Quiz :The Halo Eff ect can be explained as - Answer :An eff ect in which
an observer may tend to bend their judgment based on a specifi c
characteristi c.
Quiz :Which of the following would be a situati on where the halo
eff ect is irrelevant? - Answer :Waiti ng for an outcome that depends
on an act of nature.
Quiz :Which of the following is not an example of the Halo eff ect? -
Answer :Choosing a restaurant based on the reviews by food bloggers
instead of choosing a place based on how beautiful its pictures look
online.
Quiz :A person's _________ can aff ect the degree of infl uence of the
halo eff ect. - Answer :Emoti onal state.
Quiz :When dealing with children, Parents can handle the halo eff ect
by: - Answer :Appreciati ng their children's' existi ng talents and
encouraging development of new talents.
Quiz :"Sasha scores an 'A' on every one of her tests. I bet she could
be a good student leader." This is an example of: - Answer :The halo
eff ect.
Quiz :Network eff ects are characterized by a positi ve-feedback loop,
where the biggest networks continue to grow bigger. What
implicati on does this positi ve-feedback loop have on network
markets? - Answer :Early, fierce competi ti on between rivals.
, Quiz :Which of the following factors is responsible for the possibility
of Moore's Law? - Answer :The distance between pathways inside
silicon chips gets smaller with each successive generati on.
Quiz :Which of the following statements is a valid reason for chip
manufacturers to carry minimal inventory? - Answer :Products with a
signifi cant chip-based component rapidly fall in value and can cause
huge losses when overproduced.
Quiz :Which of the following is an example of a one-sided market? -
Answer :Cell phone networks.
Quiz :Which amongst the following is an outcome of the modern
social media platf orm? - Answer :SEO, Wikis, Social Engagement.
Quiz :Collaborati ve consumption can be described as: - Answer :A
system that enables customers to obtain and provide resources via a
platf orm.
Quiz :Jane believes that its mushrooms are more toxic to the human
body as compared to peanuts. What would the availability heuristi c
tell us about Jane? - Answer :She has probably read up on the toxicity
and adverse eff ects of consuming mushrooms.
Quiz :The availability heuristi c may lead to incorrect conclusions to
certain problems. Why does it happen? - Answer :The availability
heuristi c does not make judgements about the frequency of events.
Quiz :Which one of the following is NOT a good example of the
framing eff ect? - Answer :Profi t for the year 2018 decreasing by
$2000.