CIS Chapters 7,8,10,11,19

A digital asset utilizing a secure form of mathematics to handle transactions, control the creation of additional units, and verify the transfer of assets is known as _____________.

cryptocurrency

A(n) ____________ conveys the right, but not the obligation, to make an investment. The term is often used to describe the type of portfolio of innovations that a firm might take a stake in to gain access to potential disruptions.

option

Another key disruptive firm that was started by former employees of a disrupted giants is ____________, whose founders previously worked for Hewlett-Packard.

Apple

Bitcoin transactions are recorded in a public ledger known as the ____________.

blockchain

Chips based on designs from the firm _____________ dominate the market for smartphones, but they are not compatible with the most popular instruction set used in Intel’s desktop and laptop chips. They draw far less power than Intel chips.

ARM

Christensen suggested tactics to navigate the challenges of dealing with potentially disruptive innovations. Which of the following is one of those tactics?

build portfolio options on emerging technologies

invest in firms or start-ups,

have internal efforts focus on what may or may not turn out to be the next big thing

all of the available options are true

Which of the following is NOT a challenge preventing cryptocurrencies/blockchain from mainstream adoption?
lack of standards
volatility
reputation problems
security
consumer benefits need to be stronger

cross-border remittance

Despite inventing the cellular phone, _____________cut future investment in the technology based on a wildly incorrect prediction.

AT&T

Disruptive technology is also known as disruptive ____________

innovation

If your computer is wiped clean and you did not store the private key to your crypto wallet in an alternate location, you

can say goodbye to your cryptocurrency

A firm can ___________ and ____________ to improve its cash conversion cycle in a way that benefits the firm.

lengthen its accounts payable period, increase its inventory turns

A firm’s period between paying suppliers for products and collecting funds from customers who purchase these products is referred to as the _____________.

cash conversion cycle

AWS is known as Amazon Web ____________, which allows firms or anyone with a credit card to rent industrial-strength computing capacity on an as-needed basis.

Services

Allowing third-party sellers to list their products on Amazon is controversial. Why would Amazon allow products sold by others to appear on its site?

Selection attracts consumers.

A network effect competitive advantage is created where more buyers attract more sellers, which helps Amazon gain an advantage over any rival attempting to create a similar marketplace.

Although products are sold by third parties, Amazon gains valuable data on things such as customer browsing habits and sales.

Amazon's brand is reinforced as a first-choice shopping destination.

All of the available options are true.

Amazon ____________ allows customers to scan a phone app and enter then pick whatever they want and be billed automatically when they leave the store.

Go

Amazon ____________ is Amazon’s first consumer-facing brick and mortar facility.

Purdue

Amazon also created a FreshDirect-style grocery, called Amazon ____________.

Fresh

Amazon weighs products prior to shipping ________________________.

to identify improperly completed orders

Amazon's fastest growing business is ____________.

Amazon Web Services

Applying game mechanics to enhance non-game activities is known as ____________.

gamification

A _____________ is an internet vandal and mischief maker; also sometimes referred to as a troll

Griefer

A ____________ refers to a list of a blogger’s favorite sites, often displayed on the right or left column of a blog’s main page.

blog roll

A professional or student looking for guidance with a programming problem is likely to be best be served by posting questions to:

StackOverflow

A(n) _____________ market is polling a diverse crowd and aggregating opinions in order to form a forecast of an eventual outcome.

prediction

Advertisement and sponsorships are components of which type of media?

paid media

Approximately how many hours of video are uploaded to YouTube every minute?

500

A prediction market is polling a diverse crowd and aggregating opinions in order to form a ____________ of an eventual outcome.

forecast

How are sites and services from the Internet’s first phase (Web 1.0) different from those that are classified as social media or peer-production efforts?

Web 2.0 services foster collaboration and information sharing, as opposed to static, transaction-oriented Web 1.0 efforts.

Peer production refers to:

users collaboratively working to create content, products, and services

To send short messages to followers who aren't required to follow back, a user would start a ______________.

microblog

An Uber-commissioned study claims the firm’s impact on the US economy tops how much per year?

2.8 billion

Another major concern for firms in the sharing economy is uncertainty around the ability of these firms to continue to consider their workers as ____________ and not employees.

independent contractors

As a ride-share consumer, you feel the supply does not meet demand in your area. You are considering starting a local ride-share service. As a late-mover in the market, what is a downside of joining the market at this stage.

you might struggle to gain critical mass

As of 2018, ____________ has more listings than Hilton, the biggest hotel chain on earth, has hotel rooms.

Airbnb

Boston’s mayor has voiced support for ____________, seeing it as a safe and popular service among citizens and city visitors.

Uber

Collaborative ____________ can be used to describe the efforts of people to become individual sellers and service providers.

consumption

Entrepreneurs are scrappy in their quest to gather market intelligence and understand how customers respond to their offerings. How did Airbnb’s CEO gather additional intelligence on how the firm was being used?

He lived out of Airbnb rentals full-time.

Crowdsourcing has a number of benefits, but problems include the potential for _____________.

bias

Firms in the so-called “sharing economy” fuel more efficient matching of ____________ and ____________ lower costs, enable more efficient resource use, and provide a level of reach and services heretofore unavailable.

supply, demand

Highly ____________ markets are especially ripe for rollup in electronic marketplaces.

fragmented