Term 1 of 40
_________ hackers do technically commit crimes without causing damage by participating in
unethical activities, whereas ___________ hackers find vulnerabilities and expose them to improve
network security.
Yellow hat, Orange hat
Grey hat, White hat
Black hat, Blue hat
Red hat, Green hat
Term 2 of 40
When dealing with children, Parents can handle the halo effect by:
Appreciating their children's' existing talents and encouraging development of new
talents (Correct)
Rewarding children only for achievements and not for effort
Strictly enforcing rules without considering children's feelings
Ignoring children's interests and focusing on academic performance
Term 3 of 40
A friend asks you to pick a coin from a box full of 1 cent, 10 cents and 25 cents coins and asks
you the probability of picking a 10 cents coin. What information from the following would help
you in avoiding the base rate fallacy and correctly determining the required probability?
Number of 1 cent, 10 cents and 125 cents coins in the box
Number of 1 cent, 10 cents and 25 cents coins in the box
Number of 4 cent, 10 cents and 25 cents coins in the box
Number of 0 cent, 10 cents and 25 cents coins in the box
,Term 4 of 40
What can managers expect to learn from Facebook's feeds fiasco?
Firms must prioritize profit over user experience.
Users should be discouraged from sharing personal information.
Firms should engage users on new initiatives and take steps to protect user privacy.
Companies should focus solely on increasing ad revenue.
Term 5 of 40
A prediction market involves:
conducting a survey among a select group of experts to predict outcomes.
polling a diverse crowd and aggregating opinions to form a forecast of an eventual
outcome.
using advanced algorithms to simulate potential future scenarios.
analyzing historical data to make predictions about future events.
Term 6 of 40
Select one or more appropriate ways to prevent someone from hacking your computer.
a mental shortcut that relies on immediate examples that come to a given person's mind
when evaluating a specific topic, concept, method or decision
Enter passwords after verifying the authenticity of a website
Use 2-factor authentication
Avoid rooting mobile devices
Choosing a restaurant based on the reviews by food bloggers instead of choosing a
place based on how beautiful its pictures look online
Products with a significant chip-based component rapidly fall in value and can cause
huge losses when overproduced.
,Term 7 of 40
Which one of the following is NOT a good example of the framing effect?
Sales revenue increasing by 15% over the last quarter
A significant rise in operational costs leading to reduced profit margins
Profit for the year 2018 decreasing by $2000
An increase in market share due to successful advertising campaigns
Term 8 of 40
Which amongst the following is an outcome of the modern social media platform?
SEO, Wikis, Social Engagement
Great Network Effects, Good Platform Management
Increased Desire For Online Shopping
Suggestive Analytics
Term 9 of 40
Which of the following is an example of a one-sided market?
Operating systems
Seo, wikis, social engagement
Cell phone networks
Credit card services
Term 10 of 40
In the global IT competition between the major platforms, the winning firms would be the ones
with _____________ and _______________.
Great network effects; Good platform management
Diverse product offerings; Strong customer service
High advertising budgets; Aggressive marketing strategies
Innovative designs; unique branding
, Term 11 of 40
Which of the following statements is a valid reason for chip manufacturers to carry minimal
inventory?
Products with a significant chip-based component rapidly fall in value and can cause
huge losses when overproduced.
Carrying a large inventory helps in reducing production costs significantly.
Maintaining a large inventory ensures that all customer demands are met promptly.
Neutral point of view.
Term 12 of 40
Which of the following factors is responsible for the possibility of Moore's Law?
Neutral point of view.
The increase in the number of transistors on a chip remains constant over time.
The cost of producing silicon chips decreases with each new generation.
The distance between pathways inside silicon chips gets smaller with each successive
generation.
Term 13 of 40
Users who edit Wikipedia content in a manner that is biased and opinionated are said to be
violating Wikipedia's stated policy of:
neutral point of view.
public disclosure.
the halo effect.
content adjacency.
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