Era of Informational Capitalism MCQs

Era of Informational Capitalism MCQs

Answer these 20+ Era of Informational Capitalism MCQs and see how sharp is your knowledge of Era of Informational Capitalism.
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1: A situation resulting from consumers’ preference of operating systems for which a____of applications have already been written and most software developers’ preference to write software for systems with a large customer base?

A.   Large number

B.   Small .medium

C.   Medium number

D.   None of these

2: Competition with negativity that is based securely on the merits of one’s products or services?

A.   True

B.   False

3: According to the textbook, what can enhance consumer welfare?

A.   Fines and open competition

B.   Formal and business competition

C.   Fair and original competition

D.   Fair and open competition

4: Competition that is based securely on the merits of one's products or services is called ______.

A.   Positive competition

B.   Dominant competition

C.   Negative competition

D.   Constructive competition

5: According to the textbook, which of the following is a requirement of positive competition that forbids gaining advantage from breaking established guidelines?

A.   Positive competition

B.   Level playing field

C.   Search results

D.   Respect the rules

6: What is the requirement of positive competition that prevents large corporations from leveraging advantage from their size?

A.   Positive competition

B.   Level playing field

C.   Search results

D.   Respect the rules

7: What is a principle of positive competition that requires a competitor to refrain from sabotaging a rival’s business operations in order to secure a competitive advantage?

A.   Constructive effort

B.   Level playing field

C.   Search results

D.   Respect the rules

A.   Both companies engaged in alleged anticompetitive behavior.

B.   Both companies developed operating systems.

C.   Both companies struggled with the European Union.

D.   Both companies aspired fairness without negativity.

A.   Netscape; AT&T

B.   Google; Netscape

C.   Internet Explorer; Windows

D.   Amazon; Windows

10: Most software developers prefer to write software for systems with a large customer base, ensuring applications will be written for Windows platforms rather than for new rivals. This is an example of which of the following?

A.   Positive application

B.   Applications barrier to entry

C.   Applications to dominants

D.   Leadership barrier to entry

11: Microsoft purchased the rights to use the Mosaic browser technology from its owner, Spyglass, and transformed it into ______.

A.   Bing

B.   Internet Explorer

C.   Yelp

D.   Windows

12: Which of the following companies was promised the placement of their icon on the Windows desktop page by Microsoft if they made Internet Explorer its default browser?

A.   Google

B.   Netscape

C.   America Online

D.   Amazon

13: What does DOJ stand for?

A.   Department of Justices

B.   Department of Judges

C.   Department of Justice

D.   Department of Jackson

14: What did the DOJ mean when they said Microsoft was guilty of unlawful technology tying?

A.   Bundling Amazon and Internet Explorer

B.   Bundling Yahoo and Windows

C.   Bundling Yelp and Internet Explorer

D.   Bundling Internet Explorer and Windows

15: The Supreme Court has proposed a ______ test for determining tying in difficult contexts where there is a question of the functional relation between two products.

A.   Computer system

B.   Consumer system

C.   Computer demand

D.   Consumer demand

16: Judge Jackson ruled Microsoft violated the ______ Act by engaging in anticompetitive behavior to preserve its monopoly.

A.   Sherman Anti-Trust

B.   Colburn Anti-Trust

C.   Allchin Anti-Trust

D.   Gates Anti-Trust

17: What was the government trying to prove in the case against Microsoft?

A.   Anticonsumer behavior

B.   Anticompetitive behavior

C.   Welfare-enhancing behavior

D.   Antitrust behavior

18: According to the text, in the government’s case against Microsoft, Microsoft’s perspective on bundling has ______, and its prohibition would be a loss to society.

A.   “glowing benefits”

B.   “ebbs and flows”

C.   “redeeming virtue”

D.   “features and benefits”

19: Which search engine have both Yahoo and America Online used on their websites?

A.   Yelp

B.   Google

C.   Amazon

D.   Yahoo

20: Google’s steady “ad creep” has begun to diminish the value of its ______ results by pushing these results farther down the user’s screen.

A.   Crawl search

B.   Product search

C.   Original search

D.   Organic search

21: What does FTC stand for?

A.   Federal Trip Commission

B.   Federal Trust Commission

C.   Federal Trade Commission

D.   Federal Travel Commission

22: With a ______ share of the European search market, Google is an attractive target for investigations by European Union officials.

A.   95%

B.   85%

C.   80%

D.   90%

23: Federal Trade Commission determined that Google used ______ tactics and abused its monopoly power in ways that helped its own business.

A.   Anticompetitive

B.   Virtual universe

C.   Antitrust

D.   Search results

24: In ______, several Google competitors filed complaints against the search engine giant with the European Commission.

A.   2013

B.   2015

C.   2010

D.   2014

25: European Union’s Commissioner for Competition issued a(n) ______ that formally accused Google of abusing its dominance in the search engine market.

A.   Demonstration

B.   Indictment

C.   Comparison

D.   Competition

26: The European Union’s complaint against Google is that it consistently used its ______ to steer customers away from rival services and toward its own.

A.   Positive competition

B.   Level playing field

C.   Search results

D.   Respect the rules

27: In 2017, Google was fined by the European Union’s European Commission on Competition. Why was Google fined?

A.   Google obstructed ads that competed with Google’s ads.

B.   Google had too many ads on its search results and not enough organic results.

C.   Google created a “virtual universe” that competed with the local European governments.

D.   Google failed to protect the personal information of its customers.