100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MIS 301 Exam Questions with complete solution 2024 $13.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. MIC 301
  4.  
  5. MIC 301

Exam (elaborations)

MIS 301 Exam Questions with complete solution 2024

 6 views  0 purchase
  • Course
  • MIC 301
  • Institution
  • MIC 301

MIS 301 Exam Questions with complete solution 2024 In the context of network effects, the term "network refers to the? - correct answer A common user base utilized to communicate and share with one another The three sources of value for network effects include ____, staying power, and - cor...

[Show more]

Preview 2 out of 14  pages

Document information

  • August 27, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • mis 301 exam
  • mis 301 exam questions with complete solution 2024

Written for

  • MIC 301
  • MIC 301

Seller

avatar-seller
flyhigher329

Reviews received

Content preview

MIS 301 Exam
In the context of network effects, the term "network refers to the? - correct
answer ✔A common user base utilized to communicate and share with one
another


The three sources of value for network effects include ____, staying power,
and - correct answer ✔Exchange


decisions in a process map are represented using a - correct answer
✔diamond


Why is apple pay a good example of a two-sided market? - correct answer
✔buyers attract sellers and vice versa


One-way firms seek to strengthen their platforms and encourage third parties
to develop complementary goods is by - correct answer ✔Offering APIs


What major part of facebooks revenue comes from? - correct answer
✔advertising


What is Software - correct answer ✔set of instructions that tell the hardware
what to do


if electronic now travel half the distance to make a calculation, that means the
chip is - correct answer ✔twice as fast


the ___ is considered the brain of a computing device - correct answer
✔central processing unit

, an organization ___ department ensures that systems get built and keep
running - correct answer ✔information system


technology experts in the area of __ work to make sure systems are intuitive
and easy to use - correct answer ✔user-interface design


the phrase __ refers to the number of times inventory is sold or used during a
year - correct answer ✔inventory turns


___ is a financial performance that consistently outperforms the industry
average - correct answer ✔sustainable competitive advantage


TorF: Facebook leads social media innovation and rarely imitates products
from competitors - correct answer ✔false


____ are costs that customers incur when moving from one product to another
- correct answer ✔switching cost


service dominance logic - correct answer ✔Ex. Buying kindle, but purchasing
books through kindle


good dominance logic - correct answer ✔Ex. clothes, tangible items


When a single firm owns several layers in its value chain is said to be__ -
correct answer ✔vertical integration


Zara inventory system - correct answer ✔RFID

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller flyhigher329. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79223 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.99
  • (0)
  Add to cart