online store
or
plz drop a mail
with your sub code
we will revert
you within 2-3 hour or immediate
Charges rs 125/subject
If urgent then call us on
08791490301
DRIVE
Summer
2017
PROGRAM
MASTER
OF BUSINESS ADMINISTRATION (MBA)
SEMESTER
IV
SUBJECT
CODE & NAME
OM0018
– TECHNOLOGY MANAGEMENT
Q.1:
Describe the concept of technology management. Explain the various stages of
strategic technology management system (STMS).
Concept
of technology management
Stages
of strategic technology management system
ANS:
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
Q.2:
Define technological innovation. Explain the different types of innovation on
the basis of flexibility and in terms of offerings.
Concept
of technological innovation
Types
of innovation on the basis of flexibility and in terms of offerings
ANS:
Concept
of technological innovation:
“Innovation is the
change that creates a new dimension of performance”.
According to the Department of Trade and
Industry, UK, innovation refers to “the successful exploitation of new ideas”.
In simple words, innovation refers to the invention and successful commercial
exploitation of their invention. Technological innovation is one of the ways of
gaining competitive advantage and survival in the cutthroat corporate world.
There are numerous cases in which a particular organisation gained a
significant edge over other organisations with the help of technological
innovations
Q.3:
Briefly explain the guiding principles of technology management.
Guiding
principles of technology management
ANS:
Guiding
principles of technology management:
Principles act as a
guiding force in the management of any operation. For instance, to execute the
marketing activities of an organisation, certain principles should be followed.
These principles are value creation, fulfilment of
Q.4:
With a neat diagram, explain the various stages of technology life cycle.
Diagram
Various
stages of technology life cycle
ANS:
Diagram:
Q.5: a. Define
technology transfer. Explain the steps involved in technology transfer process.
b. Explain the major
categories of technology transfer
Concept of technology
transfer
Steps involved in
technology transfer process
Major categories of
technology transfer
ANS:
Concept of technology
transfer:
It
involves the transfer of adoption of technology from the internal sources in
the organisation or implementing technology in the production system from the
R&D facility.
Steps involved in
technology transfer process:
The
steps involved in a generic technology transfer process are
Formal disclosure of
the invention: In this step, an organisation or
institution formally discloses the invention of any
Q.6: a. Explain the
impact of technological change on organizational productivity
b. Explain the impact
of technological change on education and knowledge acquisition
(Impact of
technological change on organizational productivity
Impact of technological
change on education and knowledge Acquisition)
Answer:
Impact of
Technological 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 increases when manual processes are
replaced by machines. Therefore, as you can see, improvement in technology
helps organisations in a number of ways.
Let us consider an example. When
the State Bank of India was finding it difficult to compete with private banks,
it brought revolutionary technological changes in its banking processes,
execution of banking transactions, providing services and
Get fully solved assignment. Buy
online from website
online store
or
plz drop a mail with your sub
code
we will revert you within 2-3
hour or immediate
Charges rs
125/subject
If urgent then call us on 08791490301
