CIS 105 ASU Week 4

A ___________ is a computer processor that incorporates the functions of a central processing unit on a single integrated circuit (IC), or at most a few integrated circuits.

Microprocessor.

A market where there are many buyers but only one dominant seller is called a:

Monopoly.

What law states that, for the same money, roughly 18 months from now you should be able to purchase computer chips that are twice as fast or store twice as much information, or sell the same chips for half the price

Moore's Law

phenomenon of "faster, cheaper" computing

Moore's Law

________________ is a subfield of computer science, information engineering, and artificial intelligence concerned with the interactions between computers and human (natural) languages, in particular how to program computers to process and analyze large amounts of natural language data.

Natural language processing (NLP).

A market dominated by a small number of powerful sellers is called:

Oligopoly.

__________ or ____________ is the storage of data on a magnetized medium. Magnetic storage uses different patterns of magnetization in a magnetizable material to store data and is a form of non-volatile memory.

Magnetic storage; magnetic recording.

___________ of demand is a measure used in economics to show the responsiveness, or elasticity, of the quantity demanded of a good or service to a change in its price when nothing but the price changes. More precisely, it gives the percentage change in quantity demanded in response to a one percent change in price. (consumers buy more products as they become cheaper)

Price elasticity.

a substance such as silicon dioxide used inside most computer chips that is capable of enabling as well as inhibiting the flow or electricity

Semiconductors

A __________, also called a slice or substrate, is a thin slice of semiconductor material, such as a crystalline silicon, used in electronics for the fabrication of integrated circuits and in photovoltaics for conventional, wafer-based solar cells.

Silicon wafer.

When eBay was growing, they offered a listing service free for five months and that helped build a larger base of users. This is an example of:

Subsidizing Adoption.

computers designed with many microprocessors that work together

massive parallel

this competitive approach can help initiate the snowballing of network effects in a market

move early

made by putting two or more lower power processor cores on a single chip

multicore microprocessors

the firms that dominated sales of this industry are now bankrupt

music

a more permanent storage media like a hard disk or flash memory

nonvolatile memory

In _______ markets, users gain benefits from interacting with a similar category of users. This is called _______ exchange benefits.

one-sided; same-side.

products and services that encourage others to offer complementary goods

platforms

a yet-to-be-proven technology that could blow lid off what's possible in computing today

quantum computing

chip-based memory

random-access memory (RAM)

organization replace traditional software and hardware that they would run-in-house with services that are delivered online

software as a service (SaaS) and cloud computing

Chips are ____________ meaning no moving parts

solid state electronics

long-term viability of a product or service is particularly important for consumers of technology products

staying power

computers that are among the fastest of any in the world at the time of their introduction

supercomputers

this can be really tough if a firm is trying to knock off a dominant company when there are network effects

technological leapfrogging

what can help firms advance their network effects

third-party products and services

In ________ markets, users gain benefits from interacting with a separate, complementary class of users. This is called _______ exchange benefit.

two-sided; cross-side.

RAM inside your personal computer

volatile memory

_____________ refers to the use of cable pulled devices or motors to emulate a human or an animal, or bring lifelike characteristics to an otherwise inanimate object.

Animatronics.

Which of the following are examples of the Halo effect?

Anna's impression of a brand influences her opinion of the products associated with that brand. The packaging of a product influences Ben's opinion of the product. Charlie associates lower-priced products with lower quality.

___________ is the maximum rate of data transfer across a given path.

Bandwidth.

Which of the following can lead to the Halo Effect cognitive bias while electing a leader?

Base your judgement solely on advertising, branding, and media.

______________ is a term used to refer to data sets that are too large or complex for traditional dataprocessing application software to adequately deal with. Data with many cases (rows) offer greater statistical power, while data with higher complexity (more attributes or columns) may lead to a higher false discovery rate.

Big data.

Instead of competing with established firms in an existing network market, firms should seek uncontested, new market spaces. This is called:

Blue Ocean Strategy.

__________ is business jargon for a business venture that generates a steady return of profits that far exceed the outlay of cash required to acquire or start it.

Cash cow.

_______ is shared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the Internet.

Cloud computing.

__________ is shared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the Internet. Cloud computing relies on sharing of resources to achieve coherence and economies of scale, similar to a public utility.

Cloud computing.

Products or services that add additional value to the network are called:

Complementary Benefits.

_______ computing stores data as a combination of bits, where a bit is either a one or a zero. ________ computing employs qubits that can be both one and zero at the same time.

Conventional; Quantum.

When two or more markets, once considered distinctly separate, begin to offer similar features and capabilities, it is called:

Convergence.

How can you ensure the Halo Effect does not play into hiring decisions?

Do not base decisions on how the candidate is dressed or how they look. Use stress interviews. Have candidates interact with other employees.

True or False: Multicore, massively parallel, and grid computing are all related in that each attempts to lash together multiple computing devices so that they can work together to solve problems. While these technologies offer great promise, they're all subject to the same limitation: these problems must be linear--where one part must be solved before moving to the next and the next.

False.

The tendency for an impression created in one area to influence the opinion in another area is called:

Halo Effect.

___________ is a time interval between the stimulation and response, or, from a more general point of view, a time delay between the cause and the effect of some physical change in the system being observed.

Latency.

Congestion effect occurs when:

Increasing numbers of users lower the value of a product or service. A key resource becomes increasingly scarce as more users join the network.

_______________, also called back engineering, is the process by which a man-made object is deconstructed to reveal its designs, architecture, or to extract knowledge from the object; similar to scientific research, the only difference being that scientific research is about a natural phenomenon.

Reverse engineering.

True or False: From a strategic perspective, the trend of "cheaper and faster" technology suggest that what is impossible from a cost or performance perspective today may be possible in the future.

True.

The video game industry where console owners are attracted to platforms with the most games, and innovative developers are attracted to platforms that have the most users, is an example of:

Two-sided Market.

this means that a new product will work with older versions in firms that control a technological standard

backward integrate

these form when network markets are experiencing early, fierce competition and a leader emerges and the market tips to the leader

bandwagons

occurs when increasing numbers of users lower the value of a product or service

congestion effect

doing this helps to ward off competitors who will develop emulators so their products can work with your

continuous innovation

discarded tech junk

e-waste

a firm seeks to make an existing market a subset of its product offering

envelopment

a value derived from network effects comes from three sources. What are they?

exchange staying power complementary benefits

It is an abbreviation for a semiconductor fabrication facility

fab

over these lines, the amount of data that can be squirted can double in volume every nine months

fiber optic

a nonvolatile memory

flash memory

One billion characters or bytes

gigabyte

firms place special software on its existing Pcs or servers that enable these computers to work together on a common problem

grid computing