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ASSIGNMENT
DRIVE FALL 2015
PROGRAM MBADS (SEM 4/SEM 6)MBAFLEX/ MBA (SEM 4) PGDISMN (SEM
2)
SUBJECT CODE & NAME MI0040 – TECHNOLOGY MANAGEMENT
BK ID B1979
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.
Q. 1.a. Explain Technology Management at various levels
Answer: One of the conceptsdiscussed,writtenabout,andanalyzedmostfrequentlyinrecentyears
has beenorganizationalchange and the related concepts of resistance to change and management
of change. Change has been variously defined as making a material difference in something
comparedto an earlierstate,transforming or converting something, or simply becoming different.
All of these definitions can be applied to change as it occurs within organizations and businesses.
Organizational change may mean changing technological infrastructures (e.g., moving from a
mainframe environmenttodistributedcomputing),marketing strategies (targeting a new customer
base), or management and decision-making practices
Q. 1.b. Discuss briefly about strategic technology management.
Answer:Strategicmanagementisthe continuousplanning, monitoring, analysis and assessment of
all that isnecessaryfor an organization to meet its goals and objectives.The strategic management
processinvolvesanalyzingcross-functional businessdecisionspriortoimplementing them. Strategic
management typically involves:
 Analyzing internal and external
Q. 2.a. Write about the changing trends in the industry
Answer: Remember when the computer replaced the typewriter business? It took awhile for
computers to become prevalent, but the speed of change is increasing. New innovations are
accelerating the path to obsolescence for some industries. Here are a few examples of current
trends are causing industries to vanish.
Paper Maps Folding Into GPS: Global positioning systems (GPS) are popular gadgets for drivers,
pilots, hikers, boaters and anyone else attempting to find their way. Personal navigation devices
(PNDs) have become so common, rental car
Q. 2.b. Explain the methods for Strategic Analysis and Decision Making
Answer: One of the most fundamental aspects of starting and managing a business is formulating
the company's overall mission and goals. Strategic planning is the process of creating a mission,
objectives and then creating and implementing strategies to fulfill the mission and work toward
objectives. Business managers often use a variety of management tools and techniques to aid in
making strategic planning decisions.
Market Research: Market research is the process of gathering information about a certain market,
such as the preferencesof potential customers,the presence of competitorsandthe currentstate of
the market.Market researchisan essential strategicplanningtool because insight into the needs of
customers can help managers create a mission,
Q. 3. a. Explain about the concept of strategic planning
Answer:Strategic planning is an organization's process of defining its strategy, or direction, and
making decisions on allocating its resources to pursue this strategy. It may also extend to control
mechanismsforguidingthe implementationof the strategy.Strategicplanningbecame prominentin
corporations during the 1960s and remains an important aspect of strategic management. It is
executedbystrategicplannersorstrategists,whoinvolve manypartiesandresearchsourcesintheir
analysis of the organization and its relationship to the environment in which it competes.
It is a systematic process of envisioning a
Q. 3. b. Describe the concept of technology maps.
Answer:Developed using a structured, sustainable, and scalable methodology, Technology Maps
provide an ordered overview of the enabling components of a technology, followed by a
comprehensive guidetothe many commercial development parameters, issues, and uncertainties
behindsuccessfultechnologycommercializationandthe opportunitiesarisingfromthe technology's
commercialization.
A technology roadmap is a plan that matches short-term and long-term goals with specific
technologysolutionstohelpmeet those goals. It is a plan that applies to a new product or process,
or to an emerging technology. Developing a
Q. 3. c. What is technology forecasting?
Answer:Technological forecastingisaimedatpredictingfuturetechnological capabilities, attributes,
and parameters. It is not an attempt to predict how things will be done. Nor is technological
forecasting oriented toward profitability. That is, a technological capability or attribute can be
forecast to be available at some time in the future, although society may not necessarily want or
need the capability.
Q. 4. What is the impact of the technology change on the following:
a. Organisational productivity
Answer: The relationship between organisational change, the labour market and technology is
complex. Changes in technology are the only source of permanent increases in productivity, but a
numberof transientfactorscan affectbothtrue and"measured"productivity.Forexample,workers
may work harder during periods of high demand and firms may use their capital assets more
intensively by running factories for
b. Quality of work life
Answer: The presentera is an era of knowledge workers and the society in which we are living has
come,to be knownas knowledgesociety.The intellectual pursuits have taken precedence over the
physical efforts.
Qualityof worklife (QWL) referstothe favourablenessorunfavourablenessof a jobenvironmentfor
the people working in an organisation.
Q. 5. Demonstrate Global Information System with neat diagram.
Answer: The Global InformationSystem(GIS) isaglobal-coverage,core currentstrategicintelligence
service for use only by governments. It is not available to non-governmental subscribers. GIS
representsabase of more than 250,000 pagesof data and images on 255+ countries and territories,
updated daily, along with a constantly-growing database of special reports on a wide range of
specialist topics and regional studies.
GIS includes the Defense& Foreign
Q. 6. Explain the conceptual framework of Management of Technology with a neat diagram
Answer: A conceptual frameworkisananalytical tool withseveral variationsand contexts. It is used
to make conceptual distinctions and organize ideas. Strong conceptual frameworks capture
somethingreal and do this in a way that is easy to remember and apply. For example, Isaiah Berlin
usedthe metaphor of a “Fox” and a “Hedgehog” to make conceptual distinctions in how important
philosophersandauthorsviewthe world.Berlindescribeshedgehogsasthose whouse a single idea
or organizingprincipletoviewthe world(examples given include Dante, Pascal, Dostoevsky, Plato,
Ibsen and Hegel). Foxes, on the other hand,
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Mi0040 – technology management

  • 1. Dear students get fully solved SMU MBA assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency ) ASSIGNMENT DRIVE FALL 2015 PROGRAM MBADS (SEM 4/SEM 6)MBAFLEX/ MBA (SEM 4) PGDISMN (SEM 2) SUBJECT CODE & NAME MI0040 – TECHNOLOGY MANAGEMENT BK ID B1979 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. Q. 1.a. Explain Technology Management at various levels Answer: One of the conceptsdiscussed,writtenabout,andanalyzedmostfrequentlyinrecentyears has beenorganizationalchange and the related concepts of resistance to change and management of change. Change has been variously defined as making a material difference in something comparedto an earlierstate,transforming or converting something, or simply becoming different. All of these definitions can be applied to change as it occurs within organizations and businesses. Organizational change may mean changing technological infrastructures (e.g., moving from a mainframe environmenttodistributedcomputing),marketing strategies (targeting a new customer base), or management and decision-making practices Q. 1.b. Discuss briefly about strategic technology management. Answer:Strategicmanagementisthe continuousplanning, monitoring, analysis and assessment of all that isnecessaryfor an organization to meet its goals and objectives.The strategic management processinvolvesanalyzingcross-functional businessdecisionspriortoimplementing them. Strategic management typically involves:  Analyzing internal and external Q. 2.a. Write about the changing trends in the industry Answer: Remember when the computer replaced the typewriter business? It took awhile for computers to become prevalent, but the speed of change is increasing. New innovations are
  • 2. accelerating the path to obsolescence for some industries. Here are a few examples of current trends are causing industries to vanish. Paper Maps Folding Into GPS: Global positioning systems (GPS) are popular gadgets for drivers, pilots, hikers, boaters and anyone else attempting to find their way. Personal navigation devices (PNDs) have become so common, rental car Q. 2.b. Explain the methods for Strategic Analysis and Decision Making Answer: One of the most fundamental aspects of starting and managing a business is formulating the company's overall mission and goals. Strategic planning is the process of creating a mission, objectives and then creating and implementing strategies to fulfill the mission and work toward objectives. Business managers often use a variety of management tools and techniques to aid in making strategic planning decisions. Market Research: Market research is the process of gathering information about a certain market, such as the preferencesof potential customers,the presence of competitorsandthe currentstate of the market.Market researchisan essential strategicplanningtool because insight into the needs of customers can help managers create a mission, Q. 3. a. Explain about the concept of strategic planning Answer:Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanismsforguidingthe implementationof the strategy.Strategicplanningbecame prominentin corporations during the 1960s and remains an important aspect of strategic management. It is executedbystrategicplannersorstrategists,whoinvolve manypartiesandresearchsourcesintheir analysis of the organization and its relationship to the environment in which it competes. It is a systematic process of envisioning a Q. 3. b. Describe the concept of technology maps. Answer:Developed using a structured, sustainable, and scalable methodology, Technology Maps provide an ordered overview of the enabling components of a technology, followed by a comprehensive guidetothe many commercial development parameters, issues, and uncertainties behindsuccessfultechnologycommercializationandthe opportunitiesarisingfromthe technology's commercialization. A technology roadmap is a plan that matches short-term and long-term goals with specific technologysolutionstohelpmeet those goals. It is a plan that applies to a new product or process, or to an emerging technology. Developing a Q. 3. c. What is technology forecasting? Answer:Technological forecastingisaimedatpredictingfuturetechnological capabilities, attributes, and parameters. It is not an attempt to predict how things will be done. Nor is technological forecasting oriented toward profitability. That is, a technological capability or attribute can be forecast to be available at some time in the future, although society may not necessarily want or need the capability.
  • 3. Q. 4. What is the impact of the technology change on the following: a. Organisational productivity Answer: The relationship between organisational change, the labour market and technology is complex. Changes in technology are the only source of permanent increases in productivity, but a numberof transientfactorscan affectbothtrue and"measured"productivity.Forexample,workers may work harder during periods of high demand and firms may use their capital assets more intensively by running factories for b. Quality of work life Answer: The presentera is an era of knowledge workers and the society in which we are living has come,to be knownas knowledgesociety.The intellectual pursuits have taken precedence over the physical efforts. Qualityof worklife (QWL) referstothe favourablenessorunfavourablenessof a jobenvironmentfor the people working in an organisation. Q. 5. Demonstrate Global Information System with neat diagram. Answer: The Global InformationSystem(GIS) isaglobal-coverage,core currentstrategicintelligence service for use only by governments. It is not available to non-governmental subscribers. GIS representsabase of more than 250,000 pagesof data and images on 255+ countries and territories, updated daily, along with a constantly-growing database of special reports on a wide range of specialist topics and regional studies. GIS includes the Defense& Foreign
  • 4. Q. 6. Explain the conceptual framework of Management of Technology with a neat diagram Answer: A conceptual frameworkisananalytical tool withseveral variationsand contexts. It is used to make conceptual distinctions and organize ideas. Strong conceptual frameworks capture somethingreal and do this in a way that is easy to remember and apply. For example, Isaiah Berlin usedthe metaphor of a “Fox” and a “Hedgehog” to make conceptual distinctions in how important philosophersandauthorsviewthe world.Berlindescribeshedgehogsasthose whouse a single idea or organizingprincipletoviewthe world(examples given include Dante, Pascal, Dostoevsky, Plato, Ibsen and Hegel). Foxes, on the other hand, Dear students get fully solved SMU MBA assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency )