LSUS MBA 701 EXAM 1 STUDY GUIDE 2026
VERIFIED QUESTIONS AND DETAILED
ANSWERS GRADED A+
⩥ AI (Artificial Intelligence).
Answer: Technology that enables machines to learn from experience,
perform human-like tasks.
⩥ Machine Learning.
Answer: Subset of AI that focuses on developing algorithms to make
predictions from data.
⩥ Price Elasticity.
Answer: Rate at which demand for a product or service changes with
price fluctuations.
⩥ Bits and Bytes.
Answer: Basic units of data in computing, where bits are either one or
zero, and eight bits form a byte.
⩥ Kilobyte.
Answer: Approximately a thousand bytes or characters.
,⩥ Megabyte.
Answer: Equivalent to one million bytes.
⩥ Gigabyte.
Answer: Equal to one billion bytes.
⩥ Terabyte.
Answer: Equal to one trillion bytes.
⩥ Petabyte.
Answer: Equal to one quadrillion bytes.
⩥ Exabyte.
Answer: Equal to one quintillion bytes.
⩥ Microprocessors.
Answer: Chips that contain the central processing unit of a computer.
⩥ Multicore Microprocessors.
Answer: Integration of two or more processor cores on a single chip,
each capable of independent operation.
, ⩥ Cloud Computing.
Answer: Delivery of computing services over the internet, utilizing
remote data centers.
⩥ Carbon Nanotubes.
Answer: Material that may be used in future chip technology for hyper-
efficient computing.
⩥ Quantum Tunneling.
Answer: Phenomenon where particles penetrate a potential energy
barrier that would be impossible in classical physics.
⩥ Fabs.
Answer: Semiconductor fabrication facilities.
⩥ Silicon Wafer.
Answer: Thin, circular slice of material used to create semiconductor
devices.
⩥ Economies of Scale.
Answer: Cost advantages that enterprises obtain due to size, output, or
scale of operation.
VERIFIED QUESTIONS AND DETAILED
ANSWERS GRADED A+
⩥ AI (Artificial Intelligence).
Answer: Technology that enables machines to learn from experience,
perform human-like tasks.
⩥ Machine Learning.
Answer: Subset of AI that focuses on developing algorithms to make
predictions from data.
⩥ Price Elasticity.
Answer: Rate at which demand for a product or service changes with
price fluctuations.
⩥ Bits and Bytes.
Answer: Basic units of data in computing, where bits are either one or
zero, and eight bits form a byte.
⩥ Kilobyte.
Answer: Approximately a thousand bytes or characters.
,⩥ Megabyte.
Answer: Equivalent to one million bytes.
⩥ Gigabyte.
Answer: Equal to one billion bytes.
⩥ Terabyte.
Answer: Equal to one trillion bytes.
⩥ Petabyte.
Answer: Equal to one quadrillion bytes.
⩥ Exabyte.
Answer: Equal to one quintillion bytes.
⩥ Microprocessors.
Answer: Chips that contain the central processing unit of a computer.
⩥ Multicore Microprocessors.
Answer: Integration of two or more processor cores on a single chip,
each capable of independent operation.
, ⩥ Cloud Computing.
Answer: Delivery of computing services over the internet, utilizing
remote data centers.
⩥ Carbon Nanotubes.
Answer: Material that may be used in future chip technology for hyper-
efficient computing.
⩥ Quantum Tunneling.
Answer: Phenomenon where particles penetrate a potential energy
barrier that would be impossible in classical physics.
⩥ Fabs.
Answer: Semiconductor fabrication facilities.
⩥ Silicon Wafer.
Answer: Thin, circular slice of material used to create semiconductor
devices.
⩥ Economies of Scale.
Answer: Cost advantages that enterprises obtain due to size, output, or
scale of operation.
