WorksheetsCIS 105 - 2.8
Total questions: 8
Worksheet time: 8mins
Technology that super-imposes content, such as images and animation on top of real world images is called:
Strategic design
Illustration editing
Alternative imaging
Augmented reality
Which of the follow best describes the term below?
Anchoring
ignoring the facts even though the research shows differently
the tendency for an individual to rely too heavily on an initial piece of information
the tendency to discard an initial piece of information
changing your mind about a concept once more information is learned
ranking based on previous knowledge
The resource-based view of competitive advantage states that for a firm to maintain sustainable competitive advantage it must control a set of exploitable resources that have four critical characteristics. What are these characteristics?
Operational effectiveness, strategic positioning, scale, distribution channel
Inventory turns, high margins, long account payable periods, brand building relationships
A web site, an app, cloud-based systems, a savvy technology staff
Rareness, value, imperfect imitability, non substitutability
The patent system is often considered to be unfairly stacked against start-ups because:
the intellectual property laws are not adequate to protect the interests of smaller firms from infringements
bigger multinational firms enjoy patent protection in all countries as opposed to start-ups, which are domestic firms that do not get such protection for the most part
the patent system grants patents for innovations on a differential basis, with bigger firms getting precedence over start-ups
patents are granted by the patent system on an ad hoc basis wherein firms that have been in business longer get patent protection for longer periods of time
the patent system grants patents for innovations on a differential basis, with bigger firms getting precedence over start-ups
(a) exist when a product or service becomes more valuable as more people use it.
Which of the following is one of Porter’s five forces?
Threat of new entrants
Strength of intellectual property laws
Purchasing power parity of consumers
Total cost of ownership
Availability of competitors in the market
The set of activities through which a product or service is created and delivered to customers is known as a (a)
A decision situation where one party has more or better information than its counterparty is called a(n) (a)
