Question 1

In his twenties, Tony Hsieh sold LinkExchange to Amazon for over a half a million dollars.

Accepted Answer

Tony Hsieh sold LinkExchange to Microsoft, not Amazon, for $265 million in 1998.

Question 2

Steve Chen and Chad Hurley are credited as the founders of:
A) Google.
B) Zappos.
C) Facebook.
D) YouTube.
E) Yahoo!

Accepted Answer

Steve Chen and Chad Hurley are credited as the founders of YouTube.

Question 3

In two decades, _____ tech sector has grown from "almost nothing" to a $73 billion industry, expanding even during the recent global recession.

Accepted Answer

India's

Question 4

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) an increase 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, as cybercriminals and hackers can exploit vulnerabilities in computer systems to gain access to sensitive information. This has become a major concern for individuals, businesses, and governments alike, and has led to the development of new cybersecurity measures and protocols.

(Note: None of the other choices are accurate. Advertising has not stagnated, telecommunications have become more widespread and accessible, licensed software has not necessarily led to an increase in computing costs, and there is no clear evidence that new technologies have led to an increase in corporate ethics.)

Question 5

Tony Hsieh served as CEO of _____, and eventually sold the firm to Amazon for $900 million.
A) Zappos
B) LinkExchange
C) MyYearbook.com
D) Napster
E) Yahoo!

Accepted Answer

Tony Hsieh served as CEO of Zappos and led the company to become a leading online shoe and clothing retailer known for its exceptional customer service. He eventually sold the company to Amazon for $900 million in 2009.

Question 6

Linus Torvals created the Linux operating system.

Accepted Answer

Linus Torvalds is the creator of the Linux operating system.

Question 7

Shawn Fanning's _____ was widely criticized as a piracy playground.

Accepted Answer

The answer of Shawn Fanning's _____ was widely criticized as...

Question 8

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 or has lower licensing costs than proprietary software, making it more affordable for companies to use and reducing their computing costs.

Question 9

_____ is the third most popular social network in the United States and was founded by Catherine Cook.
A) Facebook
B) Twitter
C) MyYearbook.com
D) MySpace
E) LinkedIn

Accepted Answer

MyYearbook.com, founded by Catherine Cook, is the third most popular social network in the United States. Facebook and Twitter are more popular, while MySpace has declined in popularity over the years. LinkedIn is a professional networking platform and is not listed in the top three social networks in terms of popularity in the United States.

Question 10

Yahoo! was started by _____ and _____.
A) Sergey Brin; Larry Page
B) Jerry Yang; David Filo
C) Steve Chen; Chad Hurley
D) Kevin Rose; Mark Zuckerberg
E) Catherine Cook; Shawn Fanning

Accepted Answer

Yahoo! was started by Jerry Yang and David Filo in 1994 as a directory website called "Jerry and David's Guide to the World Wide Web."

Question 11

_____ has more Internet users than any other country.

Accepted Answer

The answer of _____ has more Internet users than any...

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

Data analytics and business intelligence are driving discovery and innovation.

Accepted Answer

Data analytics and business intelligence help businesses uncover patterns and insights that can drive innovation, improve processes, and identify opportunities for growth. Therefore, they are significant drivers of discovery and innovation.

Question 14

Sergey Brin and Larry Page were both twenty-something doctoral students at Stanford University when they founded:
A) Yahoo!
B) YouTube.
C) Google.
D) Amazon.
E) Napster.

Accepted Answer

Sergey Brin and Larry Page founded Google while they were doctoral students at Stanford University.

Question 15

Name at least three technology firms that were founded by people in their twenties or younger.

Accepted Answer

The answer of Name at least three technology firms that...

Question 16

_____ was just a sophomore when he began building computers in his dorm room at the University of Texas. His firm would one day claim the top spot among PC manufacturers worldwide.
A) Bill Gates
B) Steve Jobs
C) Michael Dell
D) Shawn Fanning
E) Mark Zuckerberg

Accepted Answer

Michael Dell was the founder of Dell Inc., which started out as a computer manufacturing company operating out of his dorm room at the University of Texas. He was only a sophomore at the time and would go on to build one of the largest computer manufacturers in the world.

Question 17

Amazon was started by:
A) Jeff Bezos.
B) Catherine Cook.
C) Shawn Fanning.
D) Linus Torvalds.
E) Kevin Rose.

Accepted Answer

Amazon was started by Jeff Bezos in 1994.

Question 18

What are some of the radical changes technology has helped bring about across industries and societies?

Accepted Answer

The answer of What are some of the radical changes...

Question 19

_____ 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...

Question 20

Facebook was founded by Kevin Rose.

Accepted Answer

Facebook was actually founded by Mark Zuckerberg, along with his college roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. Kevin Rose is the founder of Digg, a social news website.

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

In his twenties, Tony Hsieh sold LinkExchange to Amazon for over a half a million dollars.

Steve Chen and Chad Hurley are credited as the founders of:

In two decades, _____ tech sector has grown from "almost nothing" to a $73 billion industry, expanding even during the recent global recession.

Some of the radical changes brought about by new technologies include:

Tony Hsieh served as CEO of _____, and eventually sold the firm to Amazon for $900 million.

Linus Torvals created the Linux operating system.

Shawn Fanning's _____ was widely criticized as a piracy playground.

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

_____ is the third most popular social network in the United States and was founded by Catherine Cook.

Yahoo! was started by _ and _.