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ASSIGNMENT
DRIVE
SPRING 2019
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION (BBA)
SEMESTER
VI
SUBJECT
CODE & NAME BBA605 – TECHNOLOGY MANAGEMENT
SET – I
Q.1 Technology has spawned the growth of modern society and
has largely influenced every aspect of living. Explain the impact of Technology
on Society.
Explanation of the impact of Technology on Society. 10
Answer :
Impact of Technology on Society :
With
advancement of technology man moved from the fields to cities for their
earnings. These men now comprise skilled labour. The lifestyles of these people
have now improved and they have more opportunities for leading a better life.
All these changes occur with the advancement of technology. Technology has
spawned the growth of modern society and has largely influenced every aspect of
living.
Easy life- If we want to prepare coffee it can be done by just
pressing one switch, cleaning of clothes, washing dishes, sending mails has
become so easy, preparing food is again so easy—all credit goes to technology.
Life is so easy with all kinds of technologies available. We are now no more
exerting ourselves like our earlier generations used to exert for their living.
Luxurious life-With the developments in
Q.2 Explain the Delphi Method. Identify its characteristics,
steps, application, advantages & disadvantages.
a) Explanation of Delphi method, 2
b) Characteristics,
2
c) Steps, 2
d) Application, 2
e) Advantages & Disadvantages. 2
Answer :
Delphi Method :
This
method is the intuitive type of method and is subjective in nature. Though
statistical or model-based forecasting techniques are preferred over expert
opinion techniques, there are some scenarios where intuitive methods are found
to be relevant.
● When historical data is not available - mostly in the case
of new technology forecasting where expert opinion is the only possible source
of forecasting.
● In the situations where the impact of factors which were
previously considered to be relevant have lost their strength.
● In those
Q.3 What is technology Diffusion.
List and explain the different perspectives of innovation diffusion process.
a) Explanation of Technology Diffusion. 3
b) Explanation of the different perspectives. 7
Answer :
Technology Diffusion :
The
term ‘diffusion’ refers to the spread of a new idea which can be product,
technology, service or method from the time of its invention to the creation of
its ultimate adoption by an increasing number of users in different
circumstances. According to Rogers, ‘Diffusion is the process by which an
innovation is communicated through certain channels over time among the members
of a social system and by which alteration occurs in the structure and function
of a social system as a kind of social change’. The process of adopting the new
technology by the customers who come to know about the technology from other
customers is called technology diffusion. It can also be defined as a
SET
– II
Q.1 Elucidate the
channels of Technology Transfer.
Explanation of the channels of Technology Transfer 10
Answer :
Channels of Technology Transfer :
Technology
can flow across boundaries of countries, industries, and departments, if
channels of flow are established. Based on this, three types of channels that
allow flow of technology are below :
1. General channels: In this channel, information is made available in the public
domain with limited or no restrictions on its usage. Channels of this type of
transfer include training, conferences, publications, education etc.
Q.2 List and explain the types of Innovation along with
Examples.
Explanation of the types of innovation with examples. 10
Answer :
Types of innovation :
Depending
upon the impact they create, innovations can be broadly classified as:
(i)
Incremental innovation
(ii)
Modular innovation
(iii)
Architectural innovation
(iv)
Radical innovation
Incremental Innovation: These innovations are evolutionary in nature. These are
small but important improvements in a product, process or service. Such
innovations are associated with enhanced
Q.3 Explain Automatic
Speech Recognition (ASR) and Intelligent Agents.
a) Explanation of ASR
5
b) Explanation of Intelligent Agents 5
Answer :
Automatic Speech Recognition (ASR) :
The
Automatic Speech Recognition technology works on seemingly very simple logic.
It merely converts the sound waves produced by a person into text content. So,
for the process, speech is the input and text is the output. This process
involves the computer memory and fast processors and works in the following
manner:
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PROGRAM
Bachelor of Business Administration-
BBA
SEMESTER
6
SUBJECT CODE & NAME
BBA606
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 achieving common goals.
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Generally, it is the manager’s task
to understand the needs, motives and attitude of subordinates and should be
able to change strategies accordingly. The following principles may be helpful
in achieving
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 the wrong one. On the other hand,
creative approach moves towards exploring ideas, finding alternatives, various
solutions and generating possibilities.
Importance
of Creative
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
surroundings, afternoons dedicated to siesta and evening dedicated to study and
discourse. The
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 important person to know
in a negotiation is yourself.
3. Everyone has power in
negotiation.
4. Single-issue
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 vigour and energy
(iii) Courage to accept
responsibility
(iv) Steady, persistent thoughtful
determination
(v) Sound general
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
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ASSIGNMENT
DRIVE SPRING 2019
PROGRAM BACHELOR OF BUSINESS
ADMINISTRATION (BBA)
SEMESTER VI
SUBJECT CODE & NAME BBA607 –
ROLE OF INTERNATIONAL FINANCIAL
INSTITUTIONS
SET – I
Q.1
What is Globalization? Explain its advantages and disadvantages.
a)
Definition of Globalization. 2
b)
Advantages & disadvantages. 8
Answer
:
Globalization : Globalization is defined as a concept which connects
countries across the world through information, trade and
technology. In practical terms globalization means the integration of economies and
societies through flow of ideas, information, technologies, capital, finance,
goods, services and people from one country to another. This is also termed as
‘cross-border integration’ and has many dimensions such as social, political,
cultural and of course economic. Economic integration can happen through \
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Q.2
Elucidate the determinants of Exchange Rates.
Explanation of the various factors
which influence the exchange rates. 10
Answer
:
Factors which influence the exchange rates :
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 surplus i.e. more supply of foreign currency, then foreign currency will
be cheaper than the domestic currency i.e. domestic currency will
Q.3
What is Letter of Credit? List and explain the different types of Letters of
Credit.
a)
Definition of Letter of Credit. 2
b)
Explanation of the different types of Letters of Credit. 8
Answer
:
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 there. The exporter has to be content with the
creditworthiness of the importer’s bank. Through this method, the specific
SET – II
Q.1
Explain the main functions, lending activities and lending policies of World
Bank.
a)
Explanation of main function 4
b)
Explanation of lending activities 2
c)
Explanation of lending policies 4
Answer
:
The main functions of the Bank are:
(i)
To aid in the reconstruction and the developing of territories of its member
governments by facilitating investment of capital for productive purposes.
(ii)
To advertize private foreign investment by guaranteeing or by participating in
loans and other investments of capital for productive purposes.
(iii)
Where private capital is not
Q.2
Explain Basel III, list its key features and its impact on Indian Banking
System.
a)
Explanation of Basel III 2
b)
Key features of Base III 4
c)
Impact of Basel III on Indian Banking system
4
Answer
:
Basel III :
Basel
III is a global regulatory standard on capital adequacy of the banks, their
market liquidity risks and stress testing, as agreed upon by members of Basel
Committee on Banking Supervision overseen by the Bank for International
Settlement (BIS). Basel III, which was released in December 2010, is the third
in the series of Basel Accords which deal with the risk management aspects of
the banking sector. Base I and Basel II, which were the earlier versions of
Basel III, were less stringent as
Q.3
Explain The Euro Zone Debt Crisis and China’s Yuan Revolution.
a)
Explanation of The Euro Zone Debt Crisis.
5
b)
Explanation of China’s Yuan Revolution.
5
Answer
:
The Euro Zone Debt Crisis :
The
major causes of the European debt crisis are over-borrowed debts in the public
and private sector, and system failures and government failure. Looking at the
impact of the crisis on the US, the UK and China, it is believed that China
would be more impacted than the US. The real economy of both the
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