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What is the 1st step in Porter's strategic planning methology?
do an industry analysis
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What is the goal of industry analysis?
to better understand what threats must be overcome to thrive and be a successful business
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The 2nd step in Porter's strategic planning methodolgy is...
value chain analysis
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What is the goal of value chain?
to make sure that all your business processes are designed in a way that contributes to the achievement of the organization's competitive strategy
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One strategy for combating the threat of new competitors entering your industry is to increase their _____________ which are impediments (such as patents, economies of scale, and high initial investments) that discourage anybody from even trying to compete with you
barriers to entry
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One strategy for combating the threat of losing your existing customers or suppliers is to increase their _____________ which are the financial expenses and “hassle” that would be incurred by your suppliers or customers if they were to leave you.
switching costs
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All data (alphanumeric, sound, images, video) must be ________ before it can stored in the computer’s memory.
encoded
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Devices in the computer’s RAM memory that store the individual 1’s and 0’s by turning “ON” to store a 1 and by turning OFF to store a 0: _________.
capacitors
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Devices in the computer’s RAM memory that are similar to a light switches because they can be used to turn electrical current ON or OFF by blocking or allowing the flow of current are called _________.
transitors
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1 kilobyte = ___ bytes
1 thousand
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1 megabyte = ___ bytes
1 million
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1 gigabyte = ___ bytes
1 billion
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1 terabyte = ___ bytes
1 trillion
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Today’s personal computers usually have a RAM memory size of about 1 - 6 _______.
gigabytes
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What is an ASCII?
An 8-digit encoding scheme used by computers to store characters and grammatical symbols used in the English language
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What is a unicode?
A 16-digit encoding scheme used by computers to store characters and symbols used in hundreds of languages
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What is a compiler?
The program that is used to translate a programmer’s program (called the ‘source code’) into machine language (called the ‘binary code’)
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After a programmer writes a program, it must be translated into _______________ before its instructions can be executed by the CPU.
machine language
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A microprocessor in a personal computer that operates at a clock speed of 2.8 GHz would be considered fast. GHz means _________________________.
billions of cylces/beats per second
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When a program is running, blocks of frequently-accessed data or instructions may be copied from the RAM memory into the _______.
cache
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A computer system has input, processing, output and storage devices. Indicate which type of device each of these components is: Keyboard, Mouse, CPU, RAM, Disk, Printer, Monitor (screen)
- keyboard- input
- mouse- input
- CPU- processing
- RAM- processing
- disk- storage
- printer- output
- monitor- both input/output
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What is a super computer?
the most powerful type of computer system. This type of computer use hundreds of processors and can perform calculations at speeds expressed in trillions of operations per second (teraflops)
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What is a main frame?
large computers used mainly by large organizations and government agencies typically to host their transaction processing systems that may need to process more than 1 billion transactions per day for hundreds of users
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What are mini computers aka midrange computers?
generally used by medium-sized organizations to run their transaction processing systems (TPS). They may also be used as servers or to host departmental applications
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What were workstation computers originally developed for?
originally developed to be powerful single-user desktop computers designed to run computationally intensive scientific, engineering, and financial applications for engineers and other professionals
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