Mgt353-midterm
66 Questions
| Attempts: 119
Questions and Answers
- 1.
Technology is an unmistakable ethical force, but not an economic or social force, in the world where we live
- A.
True
- B.
False
Correct Answer
B. False -
- 2.
The dominant feature of technology is change and then more change.
- A.
True
- B.
False
Correct Answer
A. True -
- 3.
Although technology is not the only cause of change in society, it is a primary cause.
- A.
True
- B.
False
Correct Answer
A. True -
- 4.
Nations have tended to move sequentially through each phase of technology, beginning with the lowest technology and moving higher with each step.
- A.
True
- B.
False
Correct Answer
A. True -
- 5.
The current phase of technology is the service society.
- A.
True
- B.
False
Correct Answer
B. False -
- 6.
Software piracy is a spreading and global problem.
- A.
True
- B.
False
Correct Answer
A. True -
- 7.
Streaming is illegal and in violation of The Digital Millennium Copyright Act of 1998.
- A.
True
- B.
False
Correct Answer
B. False -
- 8.
The human genome is the application of engineering to create materials on a molecular or atomic scale.
- A.
True
- B.
False
Correct Answer
B. False -
- 9.
Cloning of humans was beyond the focus of the United Nations 2005 declaration on cloning.
- A.
True
- B.
False
Correct Answer
B. False -
- 10.
Most genetically modified corn grown in the United States is made into animal feed or ethanol.
- A.
True
- B.
False
Correct Answer
A. True -
- 11.
When boards of directors meet without management present, they are more likely to have completely candid discussions about a company's affairs.
- A.
True
- B.
False
Correct Answer
A. True -
- 12.
The Organization for Economic Cooperation and Development (OECD), representing 30 nations, issued a revised set of principles of corporate governance in 2004 to serve as a benchmark for companies and policymakers worldwide.
- A.
True
- B.
False
Correct Answer
A. True -
- 13.
Stock options represent the right to buy a company's stock at a set price for a certain period.
- A.
True
- B.
False
Correct Answer
A. True -
- 14.
The ratio of average executive to average worker pay tends to increase during recessions and fall back during periods of economic expansion.
- A.
True
- B.
False
Correct Answer
B. False -
- 15.
Most boards now staff their compensation committees exclusively with outside directors and permit them to hire their own consultants.
- A.
True
- B.
False
Correct Answer
A. True -
- 16.
This term refers to the practical applications of science and knowledge to commercial and organizational activities.
- A.
Technology.
- B.
E‐commerce.
- C.
Agrarian.
- D.
Semantic.
Correct Answer
A. Technology. -
- 17.
The use of publicly accessed servers to store users' text photos, videos and other data at remote sites, rather than on their own computers is called
- A.
Business‐to‐business commerce.
- B.
Technology ripples.
- C.
Future shock.
- D.
Cloud computing.
Correct Answer
D. Cloud computing. -
- 18.
The self‐reinforcing feature of technology means that:
- A.
Civilization develops at an uncontrollable pace
- B.
Developing economies demand newer and larger innovations
- C.
Technology acts as a multiplier to encourage is own faster development.
- D.
An invention in one place is localized only
Correct Answer
C. Technology acts as a multiplier to encourage is own faster development. -
- 19.
In the nomadic‐agrarian phase of technology in society, people:
- A.
Hunted wild animals for meat.
- B.
Gathered wild plants for food.
- C.
Provided services.
- D.
Both A and B, but not C.
Correct Answer
D. Both A and B, but not C. -
- 20.
The phase of technology that focuses on building material goods and manual labor is
- A.
Agrarian.
- B.
Service.
- C.
Industrial.
- D.
Information.
Correct Answer
C. Industrial. -
- 21.
According to Bill Joy, Sun Microsystems' chief scientist, by 2030, we are likely to build machines a million times as powerful as the personal computer of today.
- A.
True
- B.
False
Correct Answer
A. True -
- 22.
The United States has the most Internet users than any other country.
- A.
True
- B.
False
Correct Answer
B. False -
- 23.
Electronic business exchanges between businesses and businesses and between businesses and their customers emerged during the service phase of technological development.
- A.
True
- B.
False
Correct Answer
B. False -
- 24.
During the past few years, e‐business revenue has increased at a faster pace than that of traditional, or non‐electronic, business.
- A.
True
- B.
False
Correct Answer
A. True -
- 25.
Businesses generally discovered that the adoption of technology was a money‐saver rather than an expense in the short run.
- A.
True
- B.
False
Correct Answer
B. False -
- 26.
Thanks to advancement in technology the number of instances of identity theft has been decreasing since 2006.
- A.
True
- B.
False
Correct Answer
B. False -
- 27.
Most Americans mistakenly believe that if a website has a privacy policy that those sites are not collecting or selling their personal information and online activities to others.
- A.
True
- B.
False
Correct Answer
A. True -
- 28.
Recent technological advances have decreased the number of way that privacy violations may occur.
- A.
True
- B.
False
Correct Answer
B. False -
- 29.
Human error by employees is a major factor of security breaches in the healthcare industry.
- A.
True
- B.
False
Correct Answer
A. True -
- 30.
Many experts have raised ethical questions about the ways RFID technology enables businesses, governments, and criminals to gather information about presale, sales, and post‐sale activities
- A.
True
- B.
False
Correct Answer
A. True -
- 31.
Shareholders must rely exclusively on the board of directors to protect their interests
- A.
True
- B.
False
Correct Answer
B. False -
- 32.
Institutional investors have little incentive to hold their shares and organize to change management policy.
- A.
True
- B.
False
Correct Answer
B. False -
- 33.
The activism of institutional shareholders has often worsened company performance
- A.
True
- B.
False
Correct Answer
B. False -
- 34.
In U.S. vs. O'Hagen, the court ruled that someone who traded on the basis of inside information when he or she knew the information was confidential was guilty of misappropriation.
- A.
True
- B.
False
Correct Answer
A. True -
- 35.
Stockholders have become an increasingly powerful and vocal stakeholder group in corporations.
- A.
True
- B.
False
Correct Answer
A. True -
- 36.
Which of the following is not true about the service phase of technology?
- A.
It was the fourth phase in the development of technology
- B.
It emphasized providing services.
- C.
It required manual and intellectual skills.
- D.
It dominated from 1900 to 1960.
Correct Answer
D. It dominated from 1900 to 1960. -
- 37.
The information phase of technology primarily requires:
- A.
Providing services
- B.
Intellectual and electronic skills.
- C.
Manual and machine skills
- D.
The same skills as needed in previous phases.
Correct Answer
B. Intellectual and electronic skills. -
- 38.
The place where information is stored, ideas are described, and communication takes place in and through an electronic network of linked systems is called
- A.
The personal computer
- B.
Cyberspace.
- C.
Cloud computing.
- D.
Communication
Correct Answer
B. Cyberspace. -
- 39.
We are currently in which phase in the development of technology?
- A.
Industrial.
- B.
Service.
- C.
Information.
- D.
Semantic.
Correct Answer
D. Semantic. -
- 40.
A technological application that uses biological systems or living organisms to make or modify products or processes for specific use is called
- A.
Biosphere outcome
- B.
Metatechnology.
- C.
Biology
- D.
Biotechnology.
Correct Answer
D. Biotechnology. -
- 41.
QR codes were developed by businesses in order to reach out to the increased numbers of smartphone customers
- A.
True
- B.
False
Correct Answer
A. True -
- 42.
The gap between those who have access to technology and those who do not is called the digital divide
- A.
True
- B.
False
Correct Answer
A. True -
- 43.
In the United States the government has tried to help narrow the digital divide by subsidizing Internet upgrades for schools and providing free cell phones to citizens in need
- A.
True
- B.
False
Correct Answer
A. True -
- 44.
High‐technology businesses, governments, and community groups acting together appear to be winning the battle of making technology more accessible to all people regardless of their race, income, education, age, or residence
- A.
True
- B.
False
Correct Answer
A. True -
- 45.
Booz & Company found a country's level of digitization is negatively correlated to its GDP.
- A.
True
- B.
False
Correct Answer
B. False -
- 46.
Cell phone technology has sometimes aided law enforcement in capturing criminals who were caught breaking into an automobile or store
- A.
True
- B.
False
Correct Answer
A. True -
- 47.
A "Trojan Horse" is a hijacked computer that can be remote‐controlled by the attacker to respond to the attacker's commands.
- A.
True
- B.
False
Correct Answer
B. False -
- 48.
The U.S. government launched a program to detect cyber assaults on private U.S. companies called "Hold‐off the Hacktivists."
- A.
True
- B.
False
Correct Answer
B. False -
- 49.
Honeypots are systems used by security professionals to lure hackers to a fabricated Web site where the hacker's every move can be tracked.
- A.
True
- B.
False
Correct Answer
A. True -
- 50.
The responsibility of managing technology with its many privacy and security issues for business organizations is entrusted to the CEO.
- A.
True
- B.
False
Correct Answer
B. False -
Quiz Review Timeline +
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Current Version
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Mar 18, 2014Quiz Edited by
ProProfs Editorial Team -
Mar 18, 2014Quiz Created by
Louisyna
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