Question 1

In two decades, the nation of ________ tech sector has grown from "almost nothing" to a $120 billion industry, expanding even during the recent global recession.

Accepted Answer

India's

Question 2

Social media and mobile phone use are decreasing expectations for corporate ethics and customer service.

Accepted Answer

Social media and mobile phone use have actually increased expectations for corporate ethics and customer service, as they provide platforms for consumers to share their experiences widely and demand accountability from companies.

Question 3

Sales in Apple's app store are so large, that they would be ranked as a Fortune 500 firm if the figure were broken out as a firm separate from Apple.

Accepted Answer

According to a report by CNBC in 2019, the revenue generated by Apple's app store is estimated to be in the range of $50 billion to $60 billion, which would put it in the top 150 of the Fortune 500 list.

Question 4

Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on a population percentage basis, exceeds any nation in the West.

Accepted Answer

It is true that technology, especially mobile money, has proliferated in Kenya and Somaliland, and their population percentage of mobile money users exceeds that of any nation in the West.

Question 5

The nation of _____ has more Internet users than any other country.

Accepted Answer

The answer of The nation of _____ has more Internet...

Question 6

Tech firms are among the best performing firms in the world. According to the chapter, which firm is the most valuable firm in the United States, and has also posted some of the most profitable quarters of any business in any industry.
A) Amazon
B) Apple
C) Google
D) IBM

Accepted Answer

The chapter states that Apple is the most valuable firm in the US and has posted some of the most profitable quarters of any business in any industry.

Question 7

Data analytics and business intelligence are driving discovery and innovation.

Accepted Answer

Data analytics and business intelligence are providing valuable insights into customer behavior, market trends, and operational efficiency, which in turn are driving discoveries and innovations in various industries. By analyzing large volumes of data and identifying patterns and trends, organizations can make data-driven decisions and gain a competitive advantage.

Question 8

The phrase _____________ is often used to describe the trend of putting "smarts" (meaning computing and telecommunications technology) putting into everyday products such as lamps, watches, thermostats, and door locks; as well as embedding tech into industrial goods.

Accepted Answer

The answer of The phrase _____________ is often used to...

Question 9

Some of the radical changes brought about by new technologies include:
A) the stagnation of advertising.
B) the proliferation of telecommunications into the hands of a few.
C) an increase in computing costs owing to the growth of licensed software.
D) a decrease in the standards of corporate ethics.
E) the creation of an unprecedented set of security and espionage threats.

Accepted Answer

The creation of new technologies has led to an unprecedented set of security and espionage threats. Cyberattacks, hacking, and data breaches have become commonplace, leading to concerns over the safety and security of personal and sensitive information. This has necessitated the development and implementation of new security measures to protect against these threats.

Question 10

Tech impact is reaching even beyond the confines of Earth itself. According to an example in your chapter, how was a tool on the International Space Station recently acquired?:
A) It was purchased via China's Alibaba - showing global sourcing extends to the extraterrestrial.
B) It was delivered to the launch site when summoned from Space using the FedEx app.
C) It was an out-of-print product that an Etsy producer was able to craft and deliver for the next resupply flight.
D) It was printed on-demand using 3D printing technology.

Accepted Answer

The tool was printed on-demand using 3D printing technology. This demonstrates the potential for technology, such as 3D printing, to enable remote manufacturing and supply chain management even in extraterrestrial environments.

Question 11

How are entrepreneurs in sub-Saharan Africa leveraging technologies to serve local needs? Give examples.

Accepted Answer

The answer of How are entrepreneurs in sub-Saharan Africa leveraging...

Question 12

The United States holds the number one ranking in home broadband access.

Accepted Answer

Countries like South Korea, Switzerland, and Norway often rank higher in home broadband access penetration rates compared to the United States.

Question 13

As a testament to tech's global reach, China is home to several publicly traded Internet firms, as well as a firm that was considered the largest IPO of all time.

Accepted Answer

This statement is true. China is home to several publicly traded Internet firms such as Alibaba, Baidu and Tencent, and also the firm that was considered the largest IPO of all time, which was Alibaba's IPO in 2014.

Question 14

____________________ and ____________________ are turning sophisticated, high-powered computing into a utility available to even the smallest businesses and nonprofits.

Accepted Answer

The answer of ____________________ and ____________________ are turning sophisticated, high-powered...

Question 15

Founders should be wary of crowdfunding sites like Kickstarter, because these efforts require founders to give up large ownership stakes to a large number of contributors before they can raise funds to bring products to market.

Accepted Answer

Crowdfunding sites like Kickstarter do not require founders to give up ownership stakes in their companies. Instead, contributors typically receive rewards or products in exchange for their support. However, founders should still be cautious and thoroughly research crowdfunding campaigns before launching them, as there are risks and challenges involved.

Question 16

How has social media emerged as a catalyst for global social change?

Accepted Answer

The answer of How has social media emerged as a...

Question 17

Uber and Airbnb are larger than any taxi firm or hotel chain on the planet. In what important way does the infrastructure used by these firms to deliver services differ from more traditional rivals?

Accepted Answer

The answer of Uber and Airbnb are larger than any...

Question 18

The rise of open source software has lowered computing costs for start-up and blue chip companies worldwide.

Accepted Answer

Open source software is often free to use and can be modified and distributed by anyone, which has greatly reduced the cost of software development for companies of all sizes.

Question 19

Select the accurate statement(s).

Accepted Answer

The answer of Select the accurate statement(s)....

Question 20

_____ has emerged as a catalyst for global change, with Facebook and Twitter playing key organizing roles in uprisings worldwide.

Accepted Answer

The answer of _____ has emerged as a catalyst for...

Quiz 1: Setting the Stage: Technology and the Modern Enterprise