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MI0040-Technology Management

Spring-2016

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Master of Business Administration- MBA Semester 4

MI0040-Technology Management

Assignment (60 Marks)

Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60.

Q1. Describe the concept of technology management. Briefly explain the 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 field concerned with the supervision of personnel across the technical spectrum and a wide variety of complex technological systems.”

Q2. a. Write about the changing trends in the industry.

b. Explain the process of strategic decision making in an organization.

Answer. a. Changing trends in the industry:

Q3. a. Explain the concept of strategic planning

b. Describe the concept of technology maps.

c. What is technology forecasting?

Answer. a. 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:

Q4. 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 increases when manual processes are replaced by machines. Therefore, as you can see, improvement in technology helps organisations in a number of ways. Example: When the State Bank of India was finding it difficult to

Q5. Describe Global Information System (GIS) with neat diagram.

Answer. Diagram of GIS:

Q6. Explain the conceptual framework of Management of Technology with a neat diagram.

Answer. Diagram:

Spring-2016

Get solved assignments at nominal price of Rs.125 each.

Mail us at: subjects4u@gmail.com or contact at

09882243490

DMU Timestamp: May 24, 2016 02:30





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