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DRIVE-
Spring 2017
PROGRAM-
MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4)
PGDISMN
(SEM 2)
SUBJECT
CODE & NAME- MI0040 – TECHNOLOGY MANAGEMENT
Q1. Describe the concept of technology management. Briefly
explain the implications of technology management at the firm level and the
national level.
·
Concept
of technology management
·
Implications
of technology management at the firm level and the national level
Answer:
Concept of technology management
Technology management can be
defined as a process of planning, organising, selecting, and controlling
technological resources to maintain or increase the capability and efficiency
of an organisation. According to the Association of Technology Management
and Applied Engineering, technology management is, “the
Qus:
2 a. Write about the changing trends in the industry
b. Explain the process of strategic
decision making in an organization.
Answer:
a.
Write about the changing trends in the industry:
3.
With a neat diagram, explain the various stages of technology life cycle.
Diagram
Various stages
of technology life cycle
Answer: Various stages of technology life cycle
Qus:4
a. Explain the concept of strategic planning
b. Describe the concept of
technology maps.
c. What is technology forecasting?
Answer:
a. Explaining the concept
of strategic planning:
The process,
which defines the strategy and direction of an organisation, is known as
strategic planning. It makes decision on resource allocation of capital and
people to monitor the defined strategy.
The
features of strategic planning are as follows:
Qus:5
What is the impact of the technology change on the following:
a. Organisational productivity
b. Quality of work life
Answer:
a.
Impact of technology change on Organisational productivity:
Productivity
refers to the amount of output at a given amount of input. Technological change
is part of the fundamental factors that can permanently improve organisational
productivity. It is a commonly accepted fact that better tools and techniques
yield more output at lower input. In addition, output
Qus:6
Explain the conceptual framework of Management of Technology with a neat
diagram .
Answer:
Diagram:
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