Deck 24: Other New Technologies, and Your Future in Communication Technologies

Question 1

The biggest set of applications for virtual reality can be classified as:

A) Games and videos
B) Education
C) Health care
D) Information storage and retrieval

Answer 1

Games and videos

Question 2

Which is NOT true about drones?:

A) They can be any size.
B) They can go where it is too dangerous for a person to go.
C) They can reach things that are otherwise out of reach (or out of sight).
D) They don't require a license.

Answer 2

They don't require a license.

Question 3

Which company is a good example of the "sharing economy?"

A) Facebook
B) Uber
C) Twitter
D) Yikyak.

Answer 3

Uber

Question 4

Virtual currencies have become popular because:

A) Typically work through a Smartphone.
B) Connect directly to the Internet and telephone network.
C) Require a license from the FCC.
D) Always work with any cell phone service.

Question 5

Please discuss the opportunities and threats that virtual currencies represent to traditional banking.

Question 6

The name "sharing economy" implies that everyone in the system benefits from the underlying services such as Uber and AirBNB. Discuss whether these systems have the potential to exploit participants and whether you believe government action is needed in that regard.

Question 7

Which of the following is most important in starting a business related to new communication technologies?

A) The idea
B) The team
C) The marketing plan
D) Hard work

Question 8

The financial plan for a new business must estimate:

A) Anticipated revenues
B) Anticipated expenses
C) Anticipated long-term profits
D) Money to support the company until the first revenue is received

Question 9

Which of the following is NOT a major step in starting a new business?

A) Recruit and organize a team.
B) Create a detailed financial plan.
C) Create a detailed marketing plan.
D) Organize a major press event to "launch" the company.
E) Analyze the competition.

Question 10

Propose a new business, and explain how you will apply the five steps needed to launch your business.

Question 11

Thinking about your career, how can you make sure that you are keeping up with the relevant developments in technology, law, and consumer behavior?