SMU MBA FALL 2016-2017

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SMU MBA FALL 2016 Assignments are available. For Booking, Kindly
mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S
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DRIVE
fall 2016
PROGRAM
MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER
IV
SUBJECT CODE & NAME
MI0040 TECHNOLOGY MANAGEMENT
1 Describe the concept of technology management.
Explain the various stages of strategic technology management system (STMS).
Concept of technology management
Stages of strategic technology management system
Answer: 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
2 Define technological innovation.
Explain the different types of innovation on the basis of flexibility and in terms of
offerings.
Concept of technological innovation
Types of innovation on the basis of flexibility and in terms of offerings
Answer: According to the Department of Trade and Industry, UK, innovation refers to
the successful exploitation of new ideas. In simple words, innovation refers to the invention
and successful commercial exploitation of their invention. Technological innovation is one of
the ways of gaining
3 Briefly explain the guiding principles of technology management.
Guiding principles of technology management

Answer: Guiding Principles of Technology Management

Value Creation: It should be the main intention of the new technology paradigm of
an organisation. Value creation creates demand for the products and services, which in
turn increases the profitability of an organisation. For example, various new operating
4 With a neat diagram, explain the various stages of technology life cycle.
Diagram
Various stages of technology life cycle
Answer: Various stages of technology life cycle
5. a. Define strategy. Explain the different approaches to strategic decision making.
b. Describe the different issues in strategic decision making.
Concept of strategy
Approaches to strategic decision making
Issues in strategic decision making
Answer:
Igor Ansoff, known as the father of strategic management, established the concept of strategy
in the 1960s. A strategy can be defined as a plan of action to achieve a set of pre-determined
and specific goals. The word strategy originated from the Greek word strategia, meaning a
military general. There is
6.a. Explain the impact of technological change on organisational productivity
b. Explain the impact of technological change on education and knowledge acquisition
Impact of technological change on organisational productivity
Impact of technological change on education and knowledge acquisition
Answer:
Impact of Technological 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

SMU MBA FALL 2016-2017

Dear Students,
SMU MBA FALL 2016 Assignments are available. For Booking, Kindly
mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S

your Email ID us in the following Format On +91 9995105420 we

will reach back you with in 24H