BA325 - Chapter 1
Sarbanes-Oxley Act
Also known as Sarbox or SOX; U.S. legislation enacted in the wake of the accounting scandals of the early 2000s. The act raises executive and board responsibility and ties criminal penalties to certain accounting and financial violations. Although often criticized, SOX is also seen as raising stakes for mismanagement and misdeeds related to a firm's accounting practices.
One contributor to the ease with which young entrepreneurs can have success is low-cost distribution to massive markets worldwide. This is enabled by:
App Stores
Another reason fueling the boom in fast-growing technology services is ___________________, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending.
App stores
the nation of ______ has more Internet users than any other country
China
The technology known as ______ is helping to fuel the current age of fast-growth technology entrepreneurship. This technology means that a start-up can rent the computing resources one previously had to buy a great expense
Cloud computing, "the cloud"
Sergey Brin and Larry Page were both twenty-something doctoral students at Stanford University when they founded:
in two decades, the nation of _____ tech sector has grown from "almost nothing" to a $73 billion industry, expanding even during the recent global recession
India's
Amazon was started by:
Jeff Bezos
Yahoo! was started by ______ and ______
Jerry Yang; David Filo
Facebook was founded by _____.
Mark Zuckerberg
_____ was just a sophomore when he began building computers in his dorm room at the University of Texas. His firm would one day claim the top spot among PC manufacturers worldwide.
Michael Dell
shawn fanning's _______ was widely criticized as a piracy playground
Napster
A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is an example of the impact of technology in the area of _____.
Operations
crowdsourcing tools and question-and-answer sites like _____ allow firms to reach out for expertise beyond their organizations
Quora
_______ has emerged as a catalyst for global change, with Facebook and Twitter playing key organizing roles in uprisings worldwide
Social media
_____ was just twenty-one when he founded Apple.
Steve Jobs
Data analytics and business intelligence are driving discovery and innovation.
True
Today's job seekers are writing résumés with keywords in mind, aware that the first cut is likely made by a database search program, not a human being.
True
Tony Hsieh served as CEO of _____, and eventually sold the firm to Amazon for $900 million.
Zappos
CPO is an acronym for
chief privacy officer
Facebook was founded by Kevin Rose.
false
Social media and mobile phone use are lowering the corporate ethics and customer service bar for modern managers.
false
Technology experts in the area of user-interface design specialize in technology for competitive advantage
false
The United States holds the number one ranking in home broadband access.
false
The number of U.S. patent applications waiting approval has significantly declined in the past decade
false
firms are increasingly shifting spending from the Web to other media such as print, radio, and television as these are often easier to track and analyze
false
in his twenties, Tony Hsieh sold LinkExchange to Amazon for over a half a million dollars
false
oracle acquired the highest number of companies in the span of half a decade
false
the founding technology entrepreneurs behind many leading firms, such as Apple, Microsoft, and Facebook, got their start in their early 30s, leveraging university study and knowledge from their first post-college jobs to create disruptive new firms.
false
while process redesign, supply chain management, and factory automation are all tech-centric operations, service operations are not
false
a company uses WebEx, a popular commercial application, to conduct training sessions for its employees who are spread across different countries. This is an example of the impact of technology in the area of ________
human resources
The _____ department in an organization not only ensures that systems get built and keep running but also take on strategic roles targeted at proposing solutions for how technology can give the firm a competitive edge.
information systems
technology experts in the area of process design
leverage technology to make firms more efficient
technology experts in the area of _____ specialize in technology for competitive advantage
strategy
Some of the radical changes brought about by new technologies include:
the creation of an unprecedented set of security and espionage threats.
Linus Torvalds created the Linux operating system.
true
Many of the careers in accounting firms are highly tech-centric.
true
Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on a population percentage basis, exceeds any nation in the West.
true
the rise open source software has lowered computing costs for start-up and blue chip companies worldwide
true
technology experts in the area of user-interface design
work to make sure systems are intuitive and easy to use
steve chen and chad hurley are credited as the founders of
youtube