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OM0018 – Technology Management - summer/spring 2012

OM0018 – Technology Management - summer/spring 2012

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OM0018 – Technology Management - summer/spring 2012
OM0018 – Technology Management - summer/spring 2012

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Published by: smu mba solved assignments on Apr 26, 2012
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Summer 2011- May driveMaster of Business Administration - MBA Semester IVOM0018 – Technology Management - 4 Credits(Book ID: B1343)Assignment - Set- 1 (60 Marks)Note: Each Question carries 10 marks. Answer all the questions.Q1. Define the term technology. Write a short note on evolution and growth of technology.Evolution and Growth of Technology
The history of technology dates back to the time when humans were able to prepare somesimple tools with easily available natural resources. History indicates that the advancementin technology had a major leap with the invention of the wheel. From the invention of thewheel, much usage of the technology has started. The technology in all the fields has grownto a larger extent and now we can see the technology involved in almost all the things we usein our daily life.We know that there are some advanced technologies at present which include the printing press, telephone and Internet which have helped us to communicate all over the globe.Till now we have mainly concentrated on technology management in general. Now let uslearn about technology management in India.
Technology management in India
The Government of India is mainly focussing on the development of science and technologyin the present world. The Indian industries are operating under the controlled and regulatedeconomy. The technology management is generally lacking at the enterprise level except afew enterprises. There are many Indian companies which are able to develop and producethe internationally competitive products. The companies which use different kinds of technologies, and are excelling today, in India are the Punjab tractors, tata automobiles, amulfood and certain drug and chemical industries. In the same way, there are many Research
 
and Development (R&D) institutions which have developed and commercialised thetechnologies in the areas of drugs, chemicals, food technology, and computer software.The productivity of the Indian industries largely depends on the technologies that areimported. Most of the technologies that are used in the Indian industries are cost effective.In July 1991, government of India introduced the new industrial policy that mainly focussedon international competitiveness, quality, efficiency and exports. This helped in the changein operating environment of the Indian industry. Because of this, very well plannedtechnologies were developed at the enterprise level.These days, the companies are paying more attention on technology in order to be morecompetitive in the business market. It is not only the large scale industries that require thetechnology management; even the small scale industries also need a technology managementto face the competitive world of today.
Q2. Citing an example, state and explain the reasons that compel a company to go for thenew technology.Q3. Describe some characteristics of technology forecasting. Explain in brief about the sixphases in technology forecasting process.Q4. Write a short note on technology strategy. Explain in brief about the innovationmanagement.
 
Q5. What is the importance of technology diffusion? What are the benefits of technologyabsorption?Q6. Explain the implementation of new technology. Briefly describe the automationdecisions.Summer 2011- May driveMaster of Business Administration - MBA Semester IVOM0018 – Technology Management - 4 Credits(Book ID: B1343)Assignment - Set- 2 (60 Marks)Note: Each Question carries 10 marks. Answer all the questions.Q1. Explain Technology Generation. Explain Technology Development. Discuss theimportance Technology Generation and Development.Technology Generation
We will start our discussion with the meaning of ‘technology generation’.Technology generation and development is often identical with the term "Research andDevelopment (R&D)". However, technology generation involves R&D efforts, whiletechnology development involves further stages of translating R&D efforts into marketable products, processes and services. Basically, we can consider the R&D process as having four distinct stages as shown in figure 8.1.

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