Answer: FALSE
2) The fact that the cost of data communications and data storage has essentially come down to zero is an example of Moore's Law in action.
Answer: TRUE
3) The emergence of YouTube could be considered a consequence of Moore's Law.
Answer: TRUE
4) One consequence of Moore's Law is that routine skills will be internalized by high-value organizations.
Answer: FALSE
5) According to the RAND study cited in the text, strong nonroutine cognitive skills are the most important marketable skills in the new millennium.
Answer: TRUE
6) While those students majoring in finance and information systems are expected to have only routine cognitive skills, those in marketing or information systems need to develop strong non-routine cognitive skills.
Answer: FALSE
7) Abstract reasoning is the ability to make and manipulate models.
Answer: TRUE
8) During a feedback session, Symonds tells his manager that he is finding it difficult to trace the mean value of the data from the consumer survey. Symonds seems to be lacking systems thinking skills.
Answer: FALSE
9) Sheila, the operations manager at a software development firm, finds from Reuben's teammates that he rarely asks for feedback and when provided, does not seem to respond positively to it. Reuben seems to be lacking collaboration skills.
Answer: TRUE
10) Fear of failure is one of the main reasons for the lack of systems thinking among employees.
Answer: FALSE
11) Being able to connect the rise in sugar prices to the supply cap of petrol products by OPEC countries is an example of abstract reasoning.
Answer: FALSE
12) Abstract reasoning is an example of routine cognitive skills.
Answer: FALSE
13) Effective communication is an example of routine non-cognitive skills.
Answer: FALSE
14) Surveys indicate the single most important skill for effective collaboration is the ability