Sunday 13 November 2016

bba601 smu bba fall 2016 (jan/feb 2017 exam) VIth sem assignment

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DRIVE
fall 2016
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION (BBA)
SEMESTER
VI
SUBJECT CODE & NAME
BBA601 – TECHNOLOGY MANAGEMENT

1. Define Technology. Describe the impact of technology on business and society.
Explain the concept of technology
Explain the impact of technology on business
Explain the impact of technology on society
Answer:
Concept and Meaning of Technology
In today’s world, the word ‘technology’ has a wider connotation which includes R&D, invention, innovation, technology development, technology strategies, technology absorption, technology forecast,


2 What is technology assessment? Explain the various stages of technology assessment.
Explain the concept of technology assessment
Explain the various stages of technology assessment

Answer: In 1967, Emilo Daddario, the US congressman coined the term ‘technology assessment’. He defined it as a form of policy research which provides a balanced appraisal to the policymaker. It is a system to ask the right questions and obtain correct and timely answers. It identifies policy issues, assesses the impact of alternatives courses of action and presents findings. It

3 With a neat diagram, describe the characteristics of various stages of technology life cycle.
Diagram
Explain the stages of technology life cycle

Answer: Technology and its implications are an ongoing process. There are typically four stages of evolution in



Q4. Explain the different steps involved in product development process.
Explain the different steps involved in product development process.
Answer:
Every entrepreneur knows that productivity is one of the key ingredients for successful product development. One of the two key processes in Robert’s Rules of Innovation is the NEW PRODUCT DEVELOPMENT PROCESS. A formalized, NPD process – also referred to and best practice:

5. a. Explain the different steps of Environmental impact analysis (EIA) process.
b. What are the various issues in the preparation of EIA Report?
[a. Explain the different steps of EIA process
b. Explaining eight issues]

Answer: a) Environmental Impact Analysis (EIA) Process
1.      Examination of environmental resources: This is the first step where fast examination of the basic environmental resources – land, air, and water is done at a micro level at the site of the project. Scanning is performed to evaluate the fragility and the degree of exploitation


6. Define Innovation. Explain different types of Innovation.
Briefly explain the external and internal factors which influence innovation.
Define the concept of innovation
Explain four types of innovation
Explain the external and internal factors which influence innovation

Answer: Innovation is the implementation of something new. It is the process by which value is created and provided to a community of users in the form of a new solution. It is important to distinguish

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