Exam 8: Social Media, Peer Production, and Web 20

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The unstructured nature of wikis is both a source of strength and weakness.

(True/False)
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_____ is a method for sending / broadcasting data to users who subscribe to a service's "RSS feed."

(Short Answer)
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The inherently _____ nature of feeds allows individuals to rapidly blast their activities to their contacts or "friends."

(Multiple Choice)
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_____ are links in a blog post that refer readers back to cited sources.

(Multiple Choice)
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Which of the following is one of the downsides of blogging?

(Multiple Choice)
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Which of the following services come under the Web 2.0 umbrella?

(Multiple Choice)
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The process of tracking and responding to online mentions of a product, organization, or individual is known as:

(Multiple Choice)
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Which of the following criteria, according to James Surowiecki, is necessary for a crowd to be "smart"?

(Multiple Choice)
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_____ refers to a phenomenon whereby firms can make money by offering a near-limitless selection.

(Multiple Choice)
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How are Web 1.0 services different from those that come under Web 2.0?

(Multiple Choice)
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Twitter's purchase of iPhone app Tweetie and its subsequent transformation into the free 'Twitter for iPhone' application signals that Twitter is unwilling to move into product and service niches motivated by profits.

(True/False)
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Complete the analogy: Web 1.0- Instant messaging; Web 2.0- _____

(Multiple Choice)
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Outsourcing the management of a firm's social media presence to a third party agency is generally considered an effective management practice as internal staff can focus on performance.

(True/False)
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What are blogs? What features does a typical blog offer to its users? How are these features a source of value for the users?

(Essay)
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As with other types of social media, content flows in social networks are easy to control.

(True/False)
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Twitter's rapid rise has allowed it to attract enough startup capital to enable it to approach revenue gradually and with caution, in the hopes that:

(Multiple Choice)
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_____ applications can overlay real data on top of images from a GPS and compass-equipped smart phone.

(Multiple Choice)
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_____ has become the fifth most visited site on the Internet

(Short Answer)
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How has the rise of microblogging in general, and Twitter in particular, impacted the way people communicate and do business?

(Essay)
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