CMN 170V - Final Exam Questions And
Answers 2025|2026 Verified Graded A+
Already Passed!
Week 5/6 Lecture Questions:
Timeless Time refers to:
The combination of synchronous and asynchronous processing allows to
negate sequence
Week 5/6 Lecture Questions:
What is an example of a many-to-one communication in online social
network?
liking of a post
Week 5/6 Lecture Questions:
What is the difference between the Internet and the World Wide
Web?
The internet is the physical infrastructure and the world wide web a
generic service
Week 5/6 Lecture Questions:
Social Network Analysis exclusively applied to online networks like
Facebook:
,False, social network analysis applies to all kinds of social networks, also
offline, for example when you think about with whom to go to the
movies.
Week 5/6 Lecture Questions:
If you knew somebody, who knows somebody, who knows the
President of the United States, how many degrees of separation were
you away from the President?
3
Week 5/6 Lecture Questions:
What is true with regard to positive and negative network
externalities:
Positive network externalities means the more people, the more benefit
for everybody
Week 5/6 Lecture Questions:
Why is Facebook interested in connecting everybody to Facebook?
to help overcome poverty, to help find access to educational
information, to increase positive network externalities of the Facebook
network
Week 5/6 Lecture Questions:
In digital products, most costs relate to:
fixed costs
Week 5/6 Lecture Questions:
, According to media richness theory, which kind of communication
channel should a groom use when asking for a brides hand in
marriage?
In-person
Week 5/6 Lecture Questions:
Media concentration can work two ways:
1. Pervious competitors can coin together
2. Suppliers & providers can join
Week 5/6 Lecture Questions:
What are some of the characteristics of digitalization that contribute
to the reduction of transaction costs:
Timeless Time (no strict hour)
Death of Distance (doesn't matter where you are)
Economies of Scale (copy and paste) Algorithmification
Week 5/6 Lecture Questions:
What are some of the "transaction costs" (in the sense economists use
the word) involved in the retail music business?
Costs associated with searching for music, settling for a price, cost of
music, enforcement costs
Week 5/6 Lecture Questions:
If the internal transaction cost are lower than external transaction
costs, what does transaction cost theory predict:
The company will become bigger (because I'd hire in-house, who'd do it
cheaper than the people I pay for outside services)
Answers 2025|2026 Verified Graded A+
Already Passed!
Week 5/6 Lecture Questions:
Timeless Time refers to:
The combination of synchronous and asynchronous processing allows to
negate sequence
Week 5/6 Lecture Questions:
What is an example of a many-to-one communication in online social
network?
liking of a post
Week 5/6 Lecture Questions:
What is the difference between the Internet and the World Wide
Web?
The internet is the physical infrastructure and the world wide web a
generic service
Week 5/6 Lecture Questions:
Social Network Analysis exclusively applied to online networks like
Facebook:
,False, social network analysis applies to all kinds of social networks, also
offline, for example when you think about with whom to go to the
movies.
Week 5/6 Lecture Questions:
If you knew somebody, who knows somebody, who knows the
President of the United States, how many degrees of separation were
you away from the President?
3
Week 5/6 Lecture Questions:
What is true with regard to positive and negative network
externalities:
Positive network externalities means the more people, the more benefit
for everybody
Week 5/6 Lecture Questions:
Why is Facebook interested in connecting everybody to Facebook?
to help overcome poverty, to help find access to educational
information, to increase positive network externalities of the Facebook
network
Week 5/6 Lecture Questions:
In digital products, most costs relate to:
fixed costs
Week 5/6 Lecture Questions:
, According to media richness theory, which kind of communication
channel should a groom use when asking for a brides hand in
marriage?
In-person
Week 5/6 Lecture Questions:
Media concentration can work two ways:
1. Pervious competitors can coin together
2. Suppliers & providers can join
Week 5/6 Lecture Questions:
What are some of the characteristics of digitalization that contribute
to the reduction of transaction costs:
Timeless Time (no strict hour)
Death of Distance (doesn't matter where you are)
Economies of Scale (copy and paste) Algorithmification
Week 5/6 Lecture Questions:
What are some of the "transaction costs" (in the sense economists use
the word) involved in the retail music business?
Costs associated with searching for music, settling for a price, cost of
music, enforcement costs
Week 5/6 Lecture Questions:
If the internal transaction cost are lower than external transaction
costs, what does transaction cost theory predict:
The company will become bigger (because I'd hire in-house, who'd do it
cheaper than the people I pay for outside services)
