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