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DRIVE- Spring
DRIVE 2014
PROGRAM/SEMESTER-
MBADS (SEM 4/SEM 6) MBAFLEX/ MBAN2 (SEM 4)PGDOMN (SEM 2)
SUBJECT CODE &
NAME-MI0040- TECHNOLOGY MANAGEMENT
Q.1.
Consider that you are a manager in a company and you want to manage a
technology that is newly incorporated.
a.
Describe the effects of technologies on business.
b. Prepare a list
of the factors that are considered in managing technology. (a. Explaining the
effects of technologies I business , b. Collect from the key issues in managing
technological innovation) 5 , 5
ANS:
a)
Effects of technologies on
business
Here
briefly describe the effects of technologies on business:
·
Reduced
costs of operations: Different
companies use different technologies for reducing manufacturing and
administrative costs.
·
New
product and new market creation: This
involves the introduction of technology for the miniaturisation of the product.
This involves the technology to reduce the size, become easily portable and
Q.2.The
purpose of forecast is to improve the quality of the decisions related to
selection of an
alternative
from available alternatives and not to force to accept a particular decision.
Explain various
techniques for forecasting with a neat diagram.
A ) Diagram
B) Describing the techniques ( 3,7)
ANS:
A)Diagram :
Q.3.Write
short notes on
a. Technology adoption
b. Technology diffusion
c. Technology absorption
( a. Technology adoption b. Technology diffusion c. Technology absorption) ,3,3, 4
ANS:
a)
Technology
Adoption
The ‘adoption of technology’ or
‘technology adoption’ as the successful implementation of technology,
and deriving the full potential of the technology. Adoption is
relatively easy in a new enterprise as compared to an ongoing firm.
Adoption of technology requires gearing up of all the resources such as
internal and external infrastructure, human resources, raw materials,
and even marketing. As there is no existing system in a new enterprise,
it is easy to adapt to
Q.4.When
you choose a new technology, you may have to face some of the question like
what are its functional requirements ,
non-functional requirements and does the technology fit the organization
culture?
a. How do you answer for these
questions?
b. What is memristor?
(a. Explaining eight tips related to the
selection of a new technology
b. Explaining memristor ) 8, 2
ANS:
a) Explaining
eight tips related to the selection of a new technology
In a very short span, exercise of
latest technologies such as instant messaging, Voice over Internet Protocol
(VoIP) phone service, W iFi Internet access, video conferencing and smart cell
phones, have come up. As a result of these new technologies, small businesses
are getting a lot of opportunities to advance their processes and connect with
customers. But, if you‟re likely to adopt too many technologies, then you will
be spending most the time in integrating new technology without having enough
hours for getting the real work done. Let us have a look at some
Q.5.
Write short notes on
a. Bridging agencies
b. Problem solver model
c. Bar-Zakay model
d. Schlie, Radnor and Wad model )
2,2,3,3
ANS:
a)
Bridging
agencies
There are some agencies because
of whom the transfers of technology take place, comprises of government
Q.6.
Explain the basic scheme for knowledge based applications. (Diagram of basic
scheme for
knowledge based Applications , Explaining the
knowledge based technology process,) 3,7
ANS:
Knowledge based
technology process with Basic Scheme for Knowledge-Based
Applications
Management requires a precise
understanding of the process which KBT applications demand. Let
us have a brief discussion
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