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DRIVE- Fall
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 useful for many applications. For example, the Sony
Corporation has introduced the miniaturisation technology that aimed at
developing the product with high portability.
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 mar
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
questions that are likely to arise, when you choose a new technology.
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 departments, industries, financial institutions, consultants,
venture capital companies, research companies, and R&D organisations, and
so on.
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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