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Exam 2: Our Connected World

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Question 21

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Polaroid,founded in 1937,produced the first instant camera in the late 1940s.The Polaroid camera,whose pictures developed themselves,was one of the most exciting technological advances the photography industry had ever seen.The company eventually went public,becoming one of Wall Street's most prominent enterprises,with its stock trading above US$60 a share in 1997.In 2002,the stock dropped to 8 cents and the company declared bankruptcy.This is an example of:

A) Digital Darwinism.
B) Increased richness.
C) Business 2.0.
D) None of these.

E) All of the above
F) B) and C)

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Question 22

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Web 2.0 is the next generation of Internet that uses a more mature,distinctive communications platform characterised by new qualities such as collaboration,sharing and being free.

A) True
B) False

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Question 23

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Sony started as a tiny company that built portable,battery-powered transistor radio.The sound quality was poor,but customers were willing to overlook that for convenience and portability.With the experience and revenue stream from these portable radios,Sony improved its technology to produce cheap,low-end transistor amplifiers that were suitable for home use,and invested those revenues in improving the technology further,which produced still better radios.This is an example of:

VPNs are often used to connect to a corporate server.VPN stands for a valued partner network.

The main challenges facing a digitally connected world include security,legal implications of copyright and intellectual property,and social,ethical,and political issues.

One of the main benefits of networks is sharing resources which allow companies to be agile,efficient and responsible at the same time.

Passwords are one of the primary corporate security measures.Fortunately most people have passwords that are not easy to guess.

An intranet is a restricted network that relies on internet technologies to provide an internet-like environment within the company for information sharing,communications,collaboration,web publishing,and the support of business processes.

What is the worldwide gap giving advantage to those with access to technology?

eBay buyers voluntarily comment to other users and sellers on the quality of service,promptness of shipping,and their general satisfaction with the product.This is one of the most popular examples of user-generated content and is called ___________.

Web 3.0 offers a way for people to describe information such that computers can start to ___________ the relationships among concepts and topics.

Providing network access to those who want or need it helps to level the playing field and removes the digital ____________,a worldwide gap giving advantage to those with access to technology.

Using the collective power of a community to identify and classify content significantly _________ content categorisation costs.

What is the digital divide?

The most common form of collective intelligence found outside the organisation is crowdsourcing,or the wisdom of the crowd.

What are the two basic functions that social networking sites provide?

Identify the benefits of a connected world.

The three Business 2.0 communication and collaboration tools a business can use to harness the power of people include blogs,wikis and real simple syndication (RSS).

Identify the challenges of a connected world.

Disruptive technology is a new way of doing things that initially does not meet the needs of existing customers;whereas,sustaining technology produces an improved product that customers are eager to buy.