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ASSIGNMENT
DRIVE SUMMER 2015
PROGRAM MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDOMN
(SEM 2)
SUBJECT CODE & NAME MI0040 – TECHNOLOGY MANAGEMENT
CREDITS 4
BK ID B2010
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. What are the usual sources of economic progress in a country?
Answer: Economic growth is the increase in the inflation-adjusted market value of the goods and
services produced by an economy over time. It is conventionally measured as the percent rate of
increase inreal gross domestic product, or real GDP. Of more importance is the growth of the ratio
of GDP to population(GDPpercapita,whichisalsocalledpercapita income). An increase in growth
causedby more efficientuse of inputs (such as physical capital, population, or territory) is referred
to as intensive growth. GDP growth caused only by increases in the amount of inputs available for
use is called extensive growth.
Q. 2. a. State the relationship between management paradigms and technology.
Answer:“Business relationship management consists of knowledge, skills, and behaviors (or
competencies) that foster a productive relationship between a service organization (e.g. Human
Resources, Information technology, a finance department, or an external provider) and their
business partners.” BRM is nothing new, the discipline has been researched and defined for a
decade, it seems that IT service management was just a little late coming to the party.
The business relationship manager functions as a two
b. What are the changing trends in a technology 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 socommon,rental carcompaniesmake themavailableforrent with their cars.
Instead of attempting to follow tiny lines on an
Q. 3. The process of Strategic planning covers multiple factors. Explain all of those factors.
Answer:The preparation of a strategic plan is a multi-step process covering vision, mission,
objectives, values, strategies, goals and programs. These are discussed below.
The Vision:The firststepis todeveloparealisticVisionforthe business.Thisshouldbe presented as
a penpicture of the businessinthree or more years time in terms of its likely physical appearance,
size,activities,structure,scale offeringsetc.Answerthe question:"if someone fromMarsvisitedthe
business, what would they see (or sense)?" Consider its future products, markets, customers,
processes, location, staffing etc. Here is a great example of a vision:
The Mission: The nature of a business is often
Q. 4. a. Define Technology Development
Answer: Technological evolution as an innovation- and technology-related theory describes
technology development. The Czech philosopher Radovan Richta (1924–1983) originated the
theory.The pretechnological period,inwhichall otheranimal speciesremaintodayaside from some
avian and primate species was a non-rational period of the early prehistoric man.
The emergence of technology,made possiblebythe development of the rational faculty, paved the
way for the first stage: the tool. A tool
b. Delineate the phases of its process.
Answer:It's important to understand that the three stages outline the introduction of the
fundamental typesof technology,andsoall three continue tobe widelyusedtoday.A spear,aplow,
a pen, and an optical microscope are all examples of tools.
Q. 5. a. Explain the emerging trends in infrastructure and facilities sector.
Answer:CurrentGlobal Scenario:Currently,the global economyisinsevereslowdown mode amidst
deepeningcreditcrunchandupsettingdevelopmental targetsof economiesacross the world. In the
prevailingscenario,infrastructure remains a top priority for addressing developmental gaps as it is
considered omnipotent with potentials of lifting economies out of the financial turmoil. The
governmentsaround the worldare pumpingmoneytogenerate demands for goods and services by
creating jobs through higher spending into physical and social infrastructure. Likewise, the Indian
governmentonitspart isnot laggingbehindonthisscore andhas takenconcrete stepstorevive the
sector to regain its past glory.
Q. 6. Write short note on
a. Technological Impact on Education
Answer:Research:If a school's library is outdated or lacking in a selection of titles, a student might
find it difficult to compile the necessary research for an essay or research paper. As long as the
school has a computerlab,studentsare able touse the Internet and digital encyclopedias to obtain
the researchtheyneed.While studentsshouldbe waryof the legitimacyof some of the contentthey
read online, many schools use software like the Encyclopedia Britannica to help students do
research.
b. Technological Impact on Communication and Transportation
Answer:Inrecentyears,the cost of personal computersandperipheralshasdroppedsharplyevenas
theirprocessingpowerandstorage capacityhave skyrocketed.Likewise,asthe growthof broadband
and always-on Internet connections illustrates communication fees continue to drop even as
connection speeds increase. The lower cost and higher functionality of information and
communicationsystemshashadaprofoundeffectinincreasingthe populationof Internetusersand
fostering the
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Mi0040 technology management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 ASSIGNMENT DRIVE SUMMER 2015 PROGRAM MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDOMN (SEM 2) SUBJECT CODE & NAME MI0040 – TECHNOLOGY MANAGEMENT CREDITS 4 BK ID B2010 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. What are the usual sources of economic progress in a country? Answer: Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase inreal gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population(GDPpercapita,whichisalsocalledpercapita income). An increase in growth causedby more efficientuse of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth. Q. 2. a. State the relationship between management paradigms and technology. Answer:“Business relationship management consists of knowledge, skills, and behaviors (or competencies) that foster a productive relationship between a service organization (e.g. Human Resources, Information technology, a finance department, or an external provider) and their business partners.” BRM is nothing new, the discipline has been researched and defined for a decade, it seems that IT service management was just a little late coming to the party. The business relationship manager functions as a two b. What are the changing trends in a technology industry?
  • 2. 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 socommon,rental carcompaniesmake themavailableforrent with their cars. Instead of attempting to follow tiny lines on an Q. 3. The process of Strategic planning covers multiple factors. Explain all of those factors. Answer:The preparation of a strategic plan is a multi-step process covering vision, mission, objectives, values, strategies, goals and programs. These are discussed below. The Vision:The firststepis todeveloparealisticVisionforthe business.Thisshouldbe presented as a penpicture of the businessinthree or more years time in terms of its likely physical appearance, size,activities,structure,scale offeringsetc.Answerthe question:"if someone fromMarsvisitedthe business, what would they see (or sense)?" Consider its future products, markets, customers, processes, location, staffing etc. Here is a great example of a vision: The Mission: The nature of a business is often Q. 4. a. Define Technology Development Answer: Technological evolution as an innovation- and technology-related theory describes technology development. The Czech philosopher Radovan Richta (1924–1983) originated the theory.The pretechnological period,inwhichall otheranimal speciesremaintodayaside from some avian and primate species was a non-rational period of the early prehistoric man. The emergence of technology,made possiblebythe development of the rational faculty, paved the way for the first stage: the tool. A tool b. Delineate the phases of its process.
  • 3. Answer:It's important to understand that the three stages outline the introduction of the fundamental typesof technology,andsoall three continue tobe widelyusedtoday.A spear,aplow, a pen, and an optical microscope are all examples of tools. Q. 5. a. Explain the emerging trends in infrastructure and facilities sector. Answer:CurrentGlobal Scenario:Currently,the global economyisinsevereslowdown mode amidst deepeningcreditcrunchandupsettingdevelopmental targetsof economiesacross the world. In the prevailingscenario,infrastructure remains a top priority for addressing developmental gaps as it is considered omnipotent with potentials of lifting economies out of the financial turmoil. The governmentsaround the worldare pumpingmoneytogenerate demands for goods and services by creating jobs through higher spending into physical and social infrastructure. Likewise, the Indian governmentonitspart isnot laggingbehindonthisscore andhas takenconcrete stepstorevive the sector to regain its past glory. Q. 6. Write short note on a. Technological Impact on Education Answer:Research:If a school's library is outdated or lacking in a selection of titles, a student might find it difficult to compile the necessary research for an essay or research paper. As long as the school has a computerlab,studentsare able touse the Internet and digital encyclopedias to obtain the researchtheyneed.While studentsshouldbe waryof the legitimacyof some of the contentthey read online, many schools use software like the Encyclopedia Britannica to help students do research. b. Technological Impact on Communication and Transportation Answer:Inrecentyears,the cost of personal computersandperipheralshasdroppedsharplyevenas theirprocessingpowerandstorage capacityhave skyrocketed.Likewise,asthe growthof broadband and always-on Internet connections illustrates communication fees continue to drop even as connection speeds increase. The lower cost and higher functionality of information and communicationsystemshashadaprofoundeffectinincreasingthe populationof Internetusersand fostering 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