Question 1

Managers are better off ignoring disruptive technologies.

Accepted Answer

A) True 
 B)False  False

Question 2

A market is likely to tip when there are:

Accepted Answer

A)  Strong economies of scale and low need for product variety 
B)  Weak economies of scale and low need for product variety 
C)  Weak economies of scale and high need for product variety 
D)  Strong economies of scale and high need for product variety 
E)  Entering a period of recession in the dot-com industry as a whole. 
A)  Strong economies of scale and low need for product variety 
B)  Weak economies of scale and low need for product variety 
C)  Weak economies of scale and high need for product variety 
D)  Strong economies of scale and high need for product variety 
E)  Entering a period of recession in the dot-com industry as a whole. A

Question 3

Tippy markets are associated with supply-side economies of scale

Accepted Answer

A) True 
 B)False  True

Question 4

Provide an example of a virtual network.

Accepted Answer

iTunes net

Question 5

The Internet has eliminated the richness-reach trade-off.

Accepted Answer

A) True 
 B)False

Question 6

What is the difference between "classic information goods" and "information-intensive goods"?

Accepted Answer

Classic information goods are products t

Question 7

The value of a virtual network for its members is a function of its size; however, the value of a physical network depends on the scarcity of the devices comprise the physical network

Accepted Answer

A) True 
 B)False

Question 8

Positive feedback refers to what?

Accepted Answer

A)  An economic condition where the weaker gets stronger and the stronger get weaker. 
B)  An economic condition where the stronger gets stronger and the weaker get weaker 
C)  An economic condition that is completely unpredictable 
D)  An economic condition where nothing changes 
E)  Either C or D 
A)  An economic condition where the weaker gets stronger and the stronger get weaker. 
B)  An economic condition where the stronger gets stronger and the weaker get weaker 
C)  An economic condition that is completely unpredictable 
D)  An economic condition where nothing changes 
E)  Either C or D

Question 9

Which of the following is not an example of a service available on the internet?

Accepted Answer

A)  IM 
B)  RSS 
C)  VOIP 
D)  WWW 
E)  DHCP 
A)  IM 
B)  RSS 
C)  VOIP 
D)  WWW 
E)  DHCP

Question 10

Network effects are associated with:

Accepted Answer

A)  Supply-side economies of scale 
B)  Demand-side economies of scale 
C)  Both supply-side and demand-side economies of scale 
D)  Large manufacturing facilities 
E)  Word-of-mouth communication 
A)  Supply-side economies of scale 
B)  Demand-side economies of scale 
C)  Both supply-side and demand-side economies of scale 
D)  Large manufacturing facilities 
E)  Word-of-mouth communication

Question 11

Briefly describe the richness/reach trade-off. Provide an example of a technology that you believe is pushing the richness/reach frontier and making it possible to reach a larger number of people with information-intensive, interactive and personalized messages. Be specific in your answer!

Accepted Answer

Richness represents the amount of inform

Question 12

How can a firm that find's itself on the losing side of network effects survive?

Accepted Answer

(1) Become compatible with the

Question 13

A company that finds itself on the losing side of positive feedback has a few options. These include:

Accepted Answer

A)  Becoming compatible with the dominant network 
B)  Identifying and specializing in a niche that is different enough to sustain the organization 
C)  Producing vaporware 
D)  None of the above is viable option 
E)  Only A and B are viable options 
A)  Becoming compatible with the dominant network 
B)  Identifying and specializing in a niche that is different enough to sustain the organization 
C)  Producing vaporware 
D)  None of the above is viable option 
E)  Only A and B are viable options

Question 14

Tippy markets are associated with strong positive feedback.

Accepted Answer

A) True 
 B)False

Question 15

Information goods are not:

Accepted Answer

A)  Customizable 
B)  Reusable 
C)  Reproducible 
D)  Easily distributed 
E)  Easy to produce 
A)  Customizable 
B)  Reusable 
C)  Reproducible 
D)  Easily distributed 
E)  Easy to produce

Question 16

Managers must understand disruptive technologies by listening to their customers.

Accepted Answer

A) True 
 B)False

Question 17

What is a two-sided network?

Accepted Answer

A)  A network that has two kinds of devices 
B)  A network that connects a physical network and a virtual network 
C)  A network that connects the web designers and the web users 
D)  A network that has two types of members 
E)  A network with multiple types of node connections 
A)  A network that has two kinds of devices 
B)  A network that connects a physical network and a virtual network 
C)  A network that connects the web designers and the web users 
D)  A network that has two types of members 
E)  A network with multiple types of node connections

Question 18

In what ways do classic information goods differ from information-intensive goods, and what does that mean for businesses that deal in each? Provide examples of goods, detail examples of their differences, and how each is managed differently from a business standpoint.

Accepted Answer

Classic information goods and informatio

Question 19

Please define "positive feedback" and illustrate the concept with an example

Accepted Answer

Positive feedback is simply defined as t

Question 20

How is value created in networks?

Accepted Answer

A)  Value is a function of scarcity of connected nodes 
B)  Value is a function of the number of connected nodes 
C)  Value is a function of the number of high-tech devices in the network 
D)  Value depends on the kinds of users in the networks 
E)  Value is a function of bandwidth and capital investment 
A)  Value is a function of scarcity of connected nodes 
B)  Value is a function of the number of connected nodes 
C)  Value is a function of the number of high-tech devices in the network 
D)  Value depends on the kinds of users in the networks 
E)  Value is a function of bandwidth and capital investment

Managers are better off ignoring disruptive technologies.

A market is likely to tip when there are:

Tippy markets are associated with supply-side economies of scale

Provide an example of a virtual network.

The Internet has eliminated the richness-reach trade-off.

What is the difference between "classic information goods" and "information-intensive goods"?

The value of a virtual network for its members is a function of its size; however, the value of a physical network depends on the scarcity of the devices comprise the physical network

Positive feedback refers to what?

Which of the following is not an example of a service available on the internet?

Network effects are associated with:

Briefly describe the richness/reach trade-off. Provide an example of a technology that you believe is pushing the richness/reach frontier and making it possible to reach a larger number of people with information-intensive, interactive and personalized messages. Be specific in your answer!

How can a firm that find's itself on the losing side of network effects survive?

A company that finds itself on the losing side of positive feedback has a few options. These include:

Tippy markets are associated with strong positive feedback.

Information goods are not:

Managers must understand disruptive technologies by listening to their customers.

What is a two-sided network?

In what ways do classic information goods differ from information-intensive goods, and what does that mean for businesses that deal in each? Provide examples of goods, detail examples of their differences, and how each is managed differently from a business standpoint.

Please define "positive feedback" and illustrate the concept with an example

How is value created in networks?

Information Systems and the Role of General and Functional Managers

Information Systems Defined

Organizational Information Systems and Their Impact

Electronic Commerce: New Ways of Doing Business

Strategic Information Systems Planning

Value Creation and Strategic Information Systems

Value Creation With Information Systems

Appropriating It-Enabled Value Over Time

Funding Information Systems

Creating Information Systems

Information System Trends

Security, Privacy, and Ethics

Filters

Exam 4: The Changing Competitive Environment

Managers are better off ignoring disruptive technologies.

A market is likely to tip when there are:

Tippy markets are associated with supply-side economies of scale

Provide an example of a virtual network.

The Internet has eliminated the richness-reach trade-off.

What is the difference between "classic information goods" and "information-intensive goods"?

The value of a virtual network for its members is a function of its size; however, the value of a physical network depends on the scarcity of the devices comprise the physical network

Positive feedback refers to what?

Which of the following is not an example of a service available on the internet?

Network effects are associated with:

Briefly describe the richness/reach trade-off. Provide an example of a technology that you believe is pushing the richness/reach frontier and making it possible to reach a larger number of people with information-intensive, interactive and personalized messages. Be specific in your answer!

How can a firm that find's itself on the losing side of network effects survive?

A company that finds itself on the losing side of positive feedback has a few options. These include:

Tippy markets are associated with strong positive feedback.

Information goods are not:

Managers must understand disruptive technologies by listening to their customers.

What is a two-sided network?

In what ways do classic information goods differ from information-intensive goods, and what does that mean for businesses that deal in each? Provide examples of goods, detail examples of their differences, and how each is managed differently from a business standpoint.

Please define "positive feedback" and illustrate the concept with an example

How is value created in networks?

Information Systems and the Role of General and Functional Managers

Information Systems Defined

Organizational Information Systems and Their Impact

Electronic Commerce: New Ways of Doing Business

Strategic Information Systems Planning

Value Creation and Strategic Information Systems

Value Creation With Information Systems

Appropriating It-Enabled Value Over Time

Funding Information Systems

Creating Information Systems

Information System Trends

Security, Privacy, and Ethics

Filters