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ASSIGNMENT
DRIVE WINTER SPRING 2014
PROGRAM MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) /
PGDISMN – (SEM 2)
SUBJECT CODE & NAME MI0040- TECHNOLOGY MANAGEMENT
BK ID B1326
CREDITS 4
MARKS 60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
1 Consider that you are a manager in a company and you want to manage a technology that is
newly incorporated.
a. Describe the effects of technologies on business.
b. Prepare a list of the factors that are considered in managing technology.
Answer : Effects of technologies on business :
1. Shrinking world:
Technology has made national and international commerce a much more feasible reality. Today,
people and businesses can buy and sell with people all over the world. In past history it might have
taken months for a letter to go from one party to another. Now, an email can reach someone in
seconds, and a transaction can be completed with the push of a button. While this is terribly
convenient for some businesses, it does make some people impatient when they actually have to
wait for things. Without historical perspective,
2 The purpose of forecast is to improve the quality of the decisions related to selection of an
alternative from available alternatives and not to force to accept a particular decision.
Answer : Primary forecasting techniques help organizations plan for the future. Some are based on
subjective criteria and often amount to little more than wild guesses or wishful thinking. Others are
based on measurable, historical quantitative data and are given more credence by outside parties,

2. such as analysts and potential investors. While no forecasting tool can predict the future with
complete certainty, they remain essential in estimating an organization's forward prospects.
Delphi Technique
The RAND Corporation developed the Delphi Technique in the late 1960s. In the Delphi Technique, a
group of experts responds to a series of questionnaires. The experts are kept apart and unaware of
each other. The results of the first questionnaire are compiled, and a second questionnaire based on
the results of the first is presented to the experts
3 Write short notes on
a. Technology adoption
Answer : The technology life-cycle (TLC) describes the commercial gain of a product through the
expense of research and development phase, and the financial return during its "vital life". Some
technologies, such as steel, paper or cement manufacturing, have a long lifespan (with minor
variations in technology incorporated with time) whilst in other cases, such as electronic or
pharmaceutical products, the lifespan may be quite short.
b. Technology diffusion
Answer : Technology and technological innovation play a central role in the organization and delivery
of health services and are a driver of optimal health outcomes.
Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideas and
technology spread through cultures. Everett Rogers, a professor of communication studies,
popularized the theory in his book Diffusion of Innovations; the book was first published in 1962,
and is now in its fifth edition (2003). The
c. Technology absorption
Answer : It involves ‘Know-why’ exercises, basic investigations into the product and or process and
or systems. This will require unpack aging of a technology package. It requires R&D projects in know-
why, optimization and improvement of product/process/systems and related equipments.
Benefits of technology absorption :
The benefits that we get from technology absorption exercises, as evidenced by Government and
industry experiences so far. These benefits are:
4 When you choose a new technology, you may have to face some of the question like what are its
functional requirements, non-functional requirements and does the technology fit the
organization culture?
Answer : : It’s ubiquitous, (and it’s everywhere as well) and some would have you believe that if
you’re not using the latest and greatest product, then you’re falling behind. This “you’re not keeping
up” sales pitch is very effective at striking at the heart of our insecurities; am I falling behind? Will I

3. lose out if I don’t buy this stuff? Don’t the ads claim that they’ll make me more productive, more
efficient, and even more attractive to the opposite sex? How could I possibly live without it? Here’s
my credit card.
5 Write short notes on
a. Bridging agencies
Answer : In telecommunication networks, a bridge is a product that connects a local area network
(LAN) to another local area network that uses the same protocol (for example, Ethernet or token
ring). You can envision a bridge as being a device that decides whether a message from you to
someone else is going to the local area network in your building or to someone on the local area
network in the building across the street. A bridge examines each message on a LAN, "passing" those
known to be within the same LAN, and forwarding those known to be on the other interconnected
LAN (or LANs).
b. Problem solver model
Answer : In order to correctly solve a problem, it is important to follow a series of steps. Many
researchers refer to this as the problem-solving cycle, which includes developing strategies and
organizing knowledge. While this cycle is portrayed sequentially, people rarely follow a rigid series of
steps to find a solution. Instead, we often skip steps or even go back through steps multiple times
until the desired solution is reached.
c. Bar-Zakay model
Answer : The Bar-Zakay model: This model is based on a project management approach, and was
introduced by Bar-Zakay {managing partner of films, who focused his practice on personal injury and
wrongful death law). As per this model, we can divide the process of technology transfer into four
stages:
d. Schlie, Radnor and Wad model
Answer : It’s a model that seven elementscould make an effect on the planning, implementation and
eventual successof any technology transfer project. The seven elements are the transferor
(theentityselling the technology to the recipient),
6 Explain the basic scheme for knowledge based applications
Answer : Knowledge-based authentication or applications (KBA) is an authentication scheme in
which the user is asked to answer at least one "secret" question. KBA is often used as a component
in multifactor authentication (MFA) and for self-service password retrieval.
Secret questions can be static or dynamic. In a static scheme, the end user pre-selects the questions
he would like to be asked and provides the correct answers. The question/answer pairs are stored by

4. the host and used later to verify the end user's identity. In a dynamic scheme, the end user has no
idea what question will be asked. Instead, the
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )