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What does ChatGPT represent in the market for social media websites that exist primarily to give advice to novice programmers?
it is a substitute (threat of substitution)
The book talks about one-sided network effects and two-sided network effects, but what additional category did the speaker in the video break network effects into?
platform effects
What is the difference between a network effect and switching cost?
switching costs are the costs that consumer incurs when changing from one product or service to another whereas network effects occur when the value of a product or service increases as more people use it
What kinds of markets created tech billionaires?
monopolies and oligopolies
What has happened to the digital camera market?
portable digital devices such as cameras, music players, mobile phones, and GPS systems have converged into modern mobile phones
How are Pivot Table layouts created?
by dragging and dropping field names inside the pivote table fields tool
PivotTable sorting and filtering features are the same as the ones available in Excel with ___________.
tables
When referring to the software layer cake model, Mucrosogt Offcie, Angry Birds, and MySQL are all _________.
applications
What are the implications for firms that do not have common database systems with consistent formats across their enterprise?
they struggle to manahe their value chain effectively
In a distributed system, how do the application programmers access the services provided by the various servers?
via Web Services and APIs
Why are there both compiled and interpreted computer languages?
because some applications need to be written to run as quickly as possible on specific O/S platforms, and others can be slower but need to run on multiple O/S platforms
What does the fact that more and more organizations are switching from local desktop software to Web based versions of that software suggest?
Local desktop software likely has a higher TCO for organizations than web based versions does
T/F - Software that is free to use, such as Google Sheets, is considered open source software.
False
Why is the fact that the marginal cost to produce another copy of software is essentially zero critical to OSS?
because there is an easier distribution of software
Netflix built its Cinematch software, which recommends movies to users based on their and other similar user’s viewing history. This software was built on a custom version of Linux. AWS runs Netflix’s Cinematch on special servers running Netflix’s customized Linux. In Netflix’s case, AWS is providing ______.
Iaas
What cloud technology would prevent Ticketmaster lockouts when popular concert tickets are released?
cloudbursting
How has SaaS changed the software industry?
Saas introduced a subscription based model, so software is made more accessible
T/F - Amazon uses dynamic pricing
True
Knowledge is defined as:
the insight derived from experience and expertise
_____________ databases are the most common type of databases, whereby tables (files) are related based on common keys
Relational
T/F - Advantages based on capabilities and data that others can acquire are long-lived
False
Why is the specific corpus that a GenAI is trained on so important?
Because the AI is going to repeat things that are in the corpus
Why do you think AI produces relatively mediocre code?
because there is a lot of mediocre code out there available for training
Why are some of the arguments in the function syntax in square brackets?
because they are optional and have default values
How can you perform a what-if analysis in Excel?
use the scenario manager
Which of the following features are automatically enabled when you create an Excel table?
Filter buttons
Are Canvas and MS Excel considered to be Enterprise Software?
Canvas is considered Enterprise Software, but MS Excel is no
What is the difference between an embedded system and an operating system?
both are designed to control hardware, but an operating system is more general purpose and supports apps and peripheral devices
T/F - Spending a lot of time up front carefully specifying all of the requirements of a software project before start development generally works fairly well for getting software products to ship on time and on budget.
False
Which of the following is open source software?
Python
IT professionals would be most likely to describe the Covid 19 pandemic as a _______
black swan event
How is Infrastructure as a Service (IaaS) different from Platform as a Service (PaaS)?
Both are services used by businesses, but with PaaS the hosting company provides the operating system and development tools, whereas with IaaS, the customer company provides the operating system and software that it wants to use.
The virtual shutdown of websites by way of overloading them with seemibgly legitimate requests sent simultaneously from thousands of machines is termed as ____________ attacks.
Distributed Denial of Service (DDoS)
A _________ is someone who uncovers computer weaknesses and reveals them to manufacturers or system owners, without exploiting these vulnerabilities.
white hat hacker
Which of the following types of infiltration techniques does one open up to by posting sensitive personal info and details about one’s workplace on social networking sites?
Social engineering
Which of the following statements holds true for the term spoof?
It refers to e-mail transmissions and packets that have been altered to seem as if they came from another source.
____________ refers to a trusted third party that provides authentication services in public key encryption schemes.
Certificate authority
When retrieiving data use a __________.
database
What is an API?
programming hooks, or guidelines, published by firms that tell other programs how to get a service to perform a task such as send or receive data
Applications that address the needs of multiple users throughout an organization work group is a(n) ____________ ______________
enterprisee software
An operating system is defined as:
controls the computer hardware and establishes standards for developing and executing applications
PaaS (Platform as a Service) is where:
cloud providers offer services for customers to build their own apps on the provider’s infrastructure
An examples of Software as a Service could is
Microsoft 365
IaaS is a
cloud service providers offer services that include running the remote hardware, storage and networking