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