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ASSIGNMENT
DRIVE SPRING 2016
PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER IV
SUBJECT CODE & NAME OM0018- TECHNOLOGY MANAGEMENT
BK ID B1979
CREDIT 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.
Question.1. What do you mean by technology diffusion? How can
you relate globalisation withtechnology diffusion?
Answer:Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new
ideasandtechnologyspread.EverettRogers,aprofessorof communicationstudies,popularized the
theory in his book Diffusion of Innovations; the book was first published in 1962, and is now in its
fifth edition (2003). Rogers argues that diffusion is the process by which an innovation is
communicated over time among the participants in a social system. The origins of the diffusion of
innovations theory are varied and span multiple
Question.2. Explain long-wave cycle. Point out its stages.
Answer:Ineconomics,Kondratievwaves(alsocalledsupercycles,greatsurges, long waves, K-waves
or the longeconomiccycle) are supposedcycle-like phenomena in the modern world economy.It is
stated that the period of a wave ranges from forty to sixty years, the cycles consist of alternating
intervals between high sectoral growth and intervals of relatively slow growth.
Question.3.Write short notes on-
a. Performance Assessment Methods
Answer:A performance management process involves an assessment or an analysis of what has
been achieved and forms a basis for career planning, potential development, performance
agreementsanddevelopmentplanslike Douglas Mc. Gregor suggested that emphasis should be on
analysis and not on appraisal. Performance management process is forward looking. Performance
assessments depend upon the ability to judge a performance which further depends upon
specification of clear standards and avoidance of
b. Alliance Versus Rivalry
Answer:Na'vi is one of the most storied teams in DOTA history. Winners of the first International
tournament, and runners up in the second and third International, Na'vi has always been in the
discussion for best DOTA 2 team in the world since the game was in extremely closed beta. With
livinglegendssuchasArsArt and LightofHeavenasformermembers and DOTA prodigies like Dendi
on the current roster, Na'vi's
c. Integrating Technology and Strategic Plans
Answer:Advances in technology drive a great amount of the change that occurs in business
organizations. The competitive advantage in today's business environment includes, in great part,
staying on top of technological advancements that impact your industry. Business strategies that
include acquiring new technologies
d. Value Creation
Answer:The performance of actions that increase the worth of goods, services or even a business.
Many business operators now focus on value creation both in the context of creating better value
for customerspurchasingitsproductsand services, as well as for shareholders in the business who
want to see their stake
Question.4. What is Strategic Planning? Define points covered in
Strategic Planning Process.
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
executed by strategic planners or strategists, who involve
Question.5. Define technological change? Provide examples in
support of your answer.
Answer:Technological change, technological development, technological achievement, or
technological progressisthe overall processof invention,innovation and diffusion of technology or
processes.Inessence technological change isthe inventionof technologies(includingprocesses)and
their commercialization via research and development (producing emerging technologies), the
continual improvement of technologies (in
Question.6. Questions:
1. With the help of the case study, explain why technology
management is importantfor an organisation.
Answer:Technology management is a set of management disciplines that allows organizations to
manage itstechnological fundamentalsto create competitive advantage. It is very important for an
organization to manage its technology strategically because when it is not well managed, it might
result into a big loss in the organization.
2. What are the advantages and disadvantages of RFID? Relate to
the context ofWalmart.
Answer:Radio Frequency Identification has existed since the 1970s but has only recently gained
popularityfor its uses. It was first implemented to help the owners of livestock keep track of their
animal (Bonsor,Keener,&Fenlon,n.d.).Presently,RFIDsystemshave developed to the point where
they have hundreds of uses, ranging from tracking luggage at an airport to detailing a patient’s
medical history in a hospital.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601

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Om0018 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 SPRING 2016 PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA) SEMESTER IV SUBJECT CODE & NAME OM0018- TECHNOLOGY MANAGEMENT BK ID B1979 CREDIT 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. Question.1. What do you mean by technology diffusion? How can you relate globalisation withtechnology diffusion? Answer:Diffusion of innovations is a theory that seeks to explain how, why, and at what rate new ideasandtechnologyspread.EverettRogers,aprofessorof communicationstudies,popularized the theory in his book Diffusion of Innovations; the book was first published in 1962, and is now in its fifth edition (2003). Rogers argues that diffusion is the process by which an innovation is communicated over time among the participants in a social system. The origins of the diffusion of innovations theory are varied and span multiple Question.2. Explain long-wave cycle. Point out its stages. Answer:Ineconomics,Kondratievwaves(alsocalledsupercycles,greatsurges, long waves, K-waves or the longeconomiccycle) are supposedcycle-like phenomena in the modern world economy.It is stated that the period of a wave ranges from forty to sixty years, the cycles consist of alternating intervals between high sectoral growth and intervals of relatively slow growth. Question.3.Write short notes on-
  • 2. a. Performance Assessment Methods Answer:A performance management process involves an assessment or an analysis of what has been achieved and forms a basis for career planning, potential development, performance agreementsanddevelopmentplanslike Douglas Mc. Gregor suggested that emphasis should be on analysis and not on appraisal. Performance management process is forward looking. Performance assessments depend upon the ability to judge a performance which further depends upon specification of clear standards and avoidance of b. Alliance Versus Rivalry Answer:Na'vi is one of the most storied teams in DOTA history. Winners of the first International tournament, and runners up in the second and third International, Na'vi has always been in the discussion for best DOTA 2 team in the world since the game was in extremely closed beta. With livinglegendssuchasArsArt and LightofHeavenasformermembers and DOTA prodigies like Dendi on the current roster, Na'vi's c. Integrating Technology and Strategic Plans Answer:Advances in technology drive a great amount of the change that occurs in business organizations. The competitive advantage in today's business environment includes, in great part, staying on top of technological advancements that impact your industry. Business strategies that include acquiring new technologies d. Value Creation Answer:The performance of actions that increase the worth of goods, services or even a business. Many business operators now focus on value creation both in the context of creating better value for customerspurchasingitsproductsand services, as well as for shareholders in the business who want to see their stake Question.4. What is Strategic Planning? Define points covered in Strategic Planning Process. 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 executed by strategic planners or strategists, who involve
  • 3. Question.5. Define technological change? Provide examples in support of your answer. Answer:Technological change, technological development, technological achievement, or technological progressisthe overall processof invention,innovation and diffusion of technology or processes.Inessence technological change isthe inventionof technologies(includingprocesses)and their commercialization via research and development (producing emerging technologies), the continual improvement of technologies (in Question.6. Questions: 1. With the help of the case study, explain why technology management is importantfor an organisation. Answer:Technology management is a set of management disciplines that allows organizations to manage itstechnological fundamentalsto create competitive advantage. It is very important for an organization to manage its technology strategically because when it is not well managed, it might result into a big loss in the organization. 2. What are the advantages and disadvantages of RFID? Relate to the context ofWalmart. Answer:Radio Frequency Identification has existed since the 1970s but has only recently gained popularityfor its uses. It was first implemented to help the owners of livestock keep track of their animal (Bonsor,Keener,&Fenlon,n.d.).Presently,RFIDsystemshave developed to the point where they have hundreds of uses, ranging from tracking luggage at an airport to detailing a patient’s medical history in a hospital. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601