Tuesday, 29 July 2014

om0018 smu mba summer 2014 IVth sem assignment

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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-OM0018- 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
Answer.
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.
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)
Answer.
A) Diagram:
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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

Answer.

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

Answer.

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

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

Answer.

a)      Bridging agencies
There are some agencies because of whom the transfers of technology take place, comprises of government departments, industries, financial institutions, consultants, venture capital companies, research companies, and R&D

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 on a model of the development and use of KBT as it is typically practised, as given in figure.
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