Disruptive Industry 1.What defines a disruptive technology according to the McKinsey Global Institute? a) Incremental advancements b) Rapid technological breakthroughs c) Unspecified technological impact d) Stable economic values 2.Which technology involves inexpensive mobile computing devices and Internet connectivity? a) Advanced robotics b) Mobile Internet c) Cloud technology d) Energy storage 3.What does the term "Internet of Things" refer to? a) Networks of low-cost sensors and actuators b) Intelligent software systems c) Generation of electricity from renewable sources d) Fast gene sequencing 4.Which technology involves increasingly capable robots used to automate tasks or augment humans? a) Advanced materials b) Autonomous vehicles c) Advanced robotics d) 3D printing 5.What does the term "next-generation genomics" include? a) Fast gene sequencing and synthetic biology b) Low-cost sensors and actuators c) Advanced oil and gas exploration d) Additive manufacturing techniques 6.Which industry utilizes the technology of renewable energy? a) Healthcare b) Retail c) Transportation d) Movie industry 7.What technology involves the use of computer hardware and software delivered over a network? a) Cloud technology b) Advanced robotics c) 3D printing d) Advanced materials 8.What is a characteristic of a disruptive technology's economic impact? a) Limited economic value b) Specific industry impact only c) Broad economic impact d) Unaffected economic value 9.What economic issue relates to customer behavior and information? a) Revenue b) Market structure c) Demand d) Cost structure 10.Which technology is associated with devices or systems storing energy for later use? a) Advanced robotics b) Energy storage c) Autonomous vehicles d) Advanced oil and gas exploration 11.In which sector does the term "mobile shopping" find relevance? a) Healthcare b) Retail c) Transportation d) Music 12.What economic issue refers to skilled, semi-skilled, or unskilled labor? a) Economic growth b) Jobs c) Market structure d) Employment 13.Which technology involves additive manufacturing techniques based on digital models? a) Advanced oil and gas exploration b) Energy storage c) 3D printing d) Advanced materials 14.What characterizes the technology referred to as "advanced oil and gas exploration and recovery"? a) Techniques to extract unconventional resources b) Low-cost sensors and actuators c) Fast gene sequencing d) Renewable energy sources 15.Which technology involves the generation of electricity from renewable sources? a) Mobile Internet b) Cloud technology c) Renewable energy d) Advanced robotics 16.What economic issue is related to the cost structure of fixed and variable expenses? a) Supply b) Demand c) Cost d) Revenue 17.What technology involves networks of low-cost sensors and actuators for data collection? a) Advanced robotics b) Advanced materials c) The Internet of Things d) Autonomous vehicles 18.In which industry does the term "virtual shopping" find relevance? a) Music b) Retail c) Healthcare d) Movie industry 19.What economic issue relates to zero marginal cost? a) Market structure b) Supply c) Cost structure d) Demand 20.Which technology involves increasingly capable robots used to automate tasks or augment humans? a) Advanced materials b) Autonomous vehicles c) Advanced robotics d) 3D printing 21.What economic issue involves the structure and organization of markets? a) Economic growth b) Market structure c) Jobs d) Employment 22.In which sector does the term "mobile internet" find relevance? a) Healthcare b) Retail c) Transportation d) Movie industry 23.What technology is associated with fast, low-cost gene sequencing and advanced big data analytics? a) Advanced oil and gas exploration b) Advanced robotics c) Next-generation genomics d) Renewable energy 24.What does the term "autonomous vehicles" refer to? a) Vehicles that can navigate with human intervention b) Vehicles operated by remote control c) Vehicles that can operate with reduced or no human intervention d) Vehicles powered by renewable energy 25. Which technology involves the use of computer hardware and software delivered over a network? a) Cloud technology b) Advanced robotics c) 3D printing d) Advanced materials Fill in the blank 1. According to McKinsey Global Institute, disruptive technology signifies rapidly advancing or experiencing breakthroughs in _______. 2. The technology involving networks of low-cost sensors and actuators for data collection, monitoring, and decision making is known as the _______. 3. The category of disruptive technology that involves increasingly capable robots with enhanced senses and intelligence used to automate tasks or augment humans is called _______. 4. _______ techniques involve the creation of objects by printing layers of material based on digital models. 5. The advancement that aids in the extraction of unconventional oil and gas economically is termed _______. 6. Fast, low-cost gene sequencing, advanced big data analytics, and synthetic biology collectively represent _______. 7. _______ is a category of disruptive technology that involves devices or systems storing energy for later use. 8. The disruptive technology that deals with the generation of electricity from renewable sources with reduced harmful climate impact is known as _______. 9. The economic issues related to _______ encompass revenue, customer behavior, and market structure. 10. _______ refers to economic issues that encompass market structure, economic growth, employment, and skill levels.