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DRIVE
WINTER 2017
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION
(BBA)
SEMESTER
VI
SUBJECT CODE & NAME
BBA601– TECHNOLOGY MANAGEMENT
Q.1
Define Innovation. Explain different types of Innovation. Briefly explain the
external and internal factors which influence innovation.
a)
Define the concept of innovation Explain four types of innovation b) Explain
the external and internal factors which influence innovation.
Answer
-
The process of translating an idea
or invention into a good or service that creates value or for which customers
will pay.
To be called an innovation, an idea
must be replicable at an economical cost and must satisfy a specific need.
Innovation involves deliberate
●
Q.2
What is the link between Technology Development and Competition?
Link
between Technology Development and Competition
Answer-
Link
between Technology Development and Competition
There is a strong bond between technology development and
competition. To reach a strong position in the market and maintain high level
of profitability, an organization needs to have a strong sense
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Q.3
Technology has changed the society so much. If you agree, then in what way it
has changed the business? What are the positive and negative impacts of
Technology on business and society?
a)
Positive impact of technology on Business and society b) Negative impact of
technology on business and society.
Answer
-
Positive impact of technology on Business and
society-
Technology
can be viewed from various perspectives. It greatly impacts the functionality
of organizations. Despite being an effective tool, the organization must
monitor the changes in the structures in technology. In today’s world,
integration of technology is the hot topic among business
Q.4
What are the requirements of Knowledge Management Tools? What are the different
Knowledge Management Tools that are available for organizations?
a)
Requirements of Knowledge Management Tools. b) Tools available for Knowledge
Management.
Answer
-
Requirement of Knowledge Management
Tools
Knowledge
management helps to empower individuals with integration, understanding and
learning of information, and enables them to transform the available data and
information into knowledge. Thus,
Q.5
What is Technology assessment? Discuss the methodology of Technology
assessment.
a)
Technology Assessment b) Methodology of Technology Assessment
Answer-
Technology
Assessment-
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 is a method of analysis that systematically appraises
the nature, significance, status and merit of technological progress.’
Q.6 Explain different human factors
that affect the technology management in The organization.
Human factors affecting the
technology management in organization.
Answer-
Human Factors Affecting Technology
Management
There
are a number of critical technological trends affecting the employee– employer
relationship that further affects how organizations manage their employees.
There are many external and internal
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PROGRAM
Bachelor of Business Administration-
BBA
SEMESTER
6
SUBJECT CODE & NAME
BBA602
Management Development and Skills
Qus:1
What do you mean by Directing? Explain the principles of Directing.
Answer: Direction is a vital function of management as it is
concerned with action and not thought. It is the process of instructing,
guiding, supervising and motivating people towards the accomplishment of
organizational goals. It is an actual performance of people that is guided
towards
Qus:2
What is Creative Thinking? Discuss the importance of
Creative thinking. Explain
the
process of Creative Thinking.
Answer: Critical thinking emphasizes analysis and understanding of
how people assert themselves, give explanations, derive solutions, select the
right path to tread on and move away from
Qus:3
Explain the concept of Time Management. Discuss the Steps involved in Time
management.
Answer: Time management is not a new concept; it has been in
practice from the time of the sages, who used to divide the day into different
parts, with each part dedicated to a different task, such as the mornings
dedicated to prayer and exercise because of low temperatures and peaceful
Qus:4
Suppose you have joined as a Manager in an organization and you are asked to
negotiate on a particular issue. What according to you are the principles of
Negotiation? Explain the steps in the process of negotiation.
Answer: The twelve basic principles of negotiations given by Marvin
Gottlieb and William J. Healy in their book Making Deals: The Business of
Negotiating are:
1. The greatest failure in
negotiation is failing to negotiate.
2. The most
Qus:5
Discuss the qualities required to become an effective leader.
Answer: A leader should have specific leadership qualities so as to
provide effective
leadership. According to Henry
Fayol, a leader exhibits the following qualities:
(i) Physical strength and fitness
(ii) Mental
Qus:6
Write a short note on the following:
a)
Impact Analysis
b)
Catwoe Analysis
Answer: a) Impact Analysis
Impact analysis is a challenging
exercise carried out in order to capture and structure all the potential
consequences of a decision at first and secondly to ensure that they are
managed appropriately. Larger or more risky decisions call for experienced people,
ideally from different
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DRIVE
WINTER 2017
PROGRAM
Bachelor of Business Administration
- BBA
SEMESTER
VI
SUBJECT CODE & NAME
BBA603
Role of International Financial
Institutions
Q.1
What do you mean by International Finance? What are the various emerging trends
in global trade?
Explain
International Finance
Elaborate
the various emerging trends in global trade
Answer-
International
Finance
International
finance is the branch of economics that broadly studies monetary and
macroeconomic relationship between nations. It studies capital flows among
nation, exchange rate fluctuations, balance of
Q.2
What are the various factors that influence the exchange rates?
Elaborate
the factors that influence the exchange rate
Answer
-
Although in a free market the
exchange rate should be determined by the demand
and supply of currencies, there
are many other factors which influence the
exchange rates, such as:
●
Balance
of Payment (BOP): The BOP
position of a country is a clear indicator of the demand and supply of
foreign currency. If a country has a
●
BOP
Q.3 What do you mean by Letter of Credit (LC)? What are
the various types of Letter of Credit?
Explain
Letter of Credit (LC)
Explain
the various types of Letter of Credit
Letter of Credit
Letter
of Credit (LC) is one of the methods of making trade payment while dealing
with unknown exporters or importers. LC is one of the most secured modes of
payment for international traders, especially when the foreign buyer’s
reliable credit information is not
Q.4 Write short notes on International Bank for
Reconstruction and Development (IBRD) and International Finance Corporation
(IFC)
International Bank for Reconstruction and Development
(IBRD)
International Finance Corporation (IFC)
Answer-
International
Bank for Reconstruction and Development (IBRD)-
The
International Bank for Reconstruction and Development (IBRD) is an
international financial development institution and is the first of the
five-member institutions which make up the World Bank Group. IBRD has been
constituted for the
Q.5 Write a short note on Asian
Development Bank (ADB). What are the various criticisms that are made for the
ADB?
Asian Development Bank (ADB)
Explain criticisms that are made
for the ADB
Answer-
Asian
Development Bank (ADB)
The Asian Development Bank (ADB) was originally a brain
child of some influential Japanese in 1962, since they felt that the World
Bank was not able to successfully serve the interest in Asia.
Q.6
Write a short note on China’s Yuan Revolution and Sovereign Wealth Funds
(SWF)?
China’s
Yuan Revolution
Sovereign
Wealth Funds (SWF)
Answer -
China’s Yuan Revolution-
Time and again, remarks and statements from top officials
of Central Bank of China have indicated that the yuan or Renminbi, the
official currency of China, has started to show its potential and would soon
be included in the reserve currencies across different countries such as
Europe, North America and the Middle East. Great efforts are being made by
Chinese officials to
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