Get fully solved SMU MBA Assignments
(May 2012)
Master of Business Administration - MBA Semester 4
“Operations Management” Specialization
OM0018 – Technology Management (4 credits)
(Book ID: B1326)
ASSIGNMENT- Set 1
Marks 60
Note: Each Question
carries 10 marks. Answer all the questions.
1. Summarise the
impact of technology on society and business.
Answer : No doubt about it, emerging technology has a
drastic impact on society and business. Whether people realize it or not, the
way we conduct business and live our lives would be much different if it
weren't for the continually changing technology.
Emerging technology's
impact on business
Because of technology, business has been able to advance in
such ways that associates can communicate across the globe without ever leaving
their respective offices. They can send information instantaneously, download
important documents, and a number of other things. Consider how emerging
technology has impacted business in the following ways:
Web conferencing.
As technology advances at rapid paces each day, more and more companies are
finding that web conferencing is an effective, cost-effective way to handle
business. Web conferencing is a form of technology that uses an internet
connection to hold group meetings or trainings in real-time via the internet.
Web conferencing allows businesses to save a great deal of money on travel
costs while increasing productivity.
Teleconferencing.
Similar to web conferencing, teleconferencing is a popular option for holding
meetings, conferences, or training seminars for many small businesses.
Basically, teleconferencing is a phone call in which more than two people
participate. Almost all businesses rely on teleconferencing to some extent.
Communication.
Emerging technology has had a dramatic increase on communication in the
workplace. Not only does emailing and instant messaging allow employees and
business partnerships to communicate, but it allows them to send files and
important documents instantly online. In addition, wireless devices allow
business people to send emails, check stocks, and talk to people around the
globe from any location.
Emerging technology's
impact on society
The latest technological advances are not limited to just
business. Emerging technology has affected the way we live in many ways, including:
Medical technology.
Sophisticated medical equipment, constantly evolving and improving, has helped
to save thousands of lives. Special monitors and machines allow doctors to do a
number of things never thought possible, like perform intricate surgeries by
displaying them on a larger monitor. Medical equipment and the technology it
uses has also helped many people to manage their own care from their homes.
Safety. Global
Positioning Systems, emerging technology for home alarms and fires, and cellular
technology has helped to make our lives safer in a number of ways. Lost? Simply
plug in your destination to GPS. Witness a crime? Report it instantly on your
cell phone. In addition, emerging technology has made homes safer with the
ability to detect deadly gases and smoke in the home.
Expedite processes.
Because of emerging technology, products are made and delivered to store much
faster than ever before. In addition, machines and technology help to eliminate
or greatly reduce human error.
Finances. ATM, or
Automated Teller Machines, as well as internet banking, have made it easier and
more accurate to manage finances.
The downside
While technology has definitely made life easier, some fear
that the work of technology and machines in general will make the need for
people obsolete in the workplace. This could have a negative effect on the
economy in general as it would increase unemployment rates.
With so many devices and abilities, emerging technology has
had and will continue to have a great impact on business and society, helping
to make the world a safer, more efficient place to live.
Q2. Explain the
reasons compelling a company for obtaining a new technology.
Q3. Evaluate the need
and role of technology forecasting.
4.a. Write a short
note on technology strategy.
b. Write a short note
technology adoption.
Q5.a. List the some
tips related to the selection of a new technology.
b. State the
characteristics of technology change.
Q6. Discuss the
importance Technology Generation and Development.
Get fully solved SMU MBA Assignments
(May 2012)
Master of Business Administration - MBA Semester 4
“Operations Management” Specialization
OM 0018 – Technology Management (4 credits)
(Book ID: B1326)
ASSIGNMENT- Set 2
Marks 60
Note: Each Question
carries 10 marks
1. Explain the models of technology transfer and their uses.
2. Write a note on technology leadership and followership
3. Describe measures for building high-performing innovative
technology-based
organisations.
4. Assess the role of government in Technology Management.
5.
a. Classify tools and techniques of Knowledge Based
Technology
b. Briefly describe the impact of information technology on
organisational
structure
6. Describe environmental impact analysis (EIA).
Get fully solved SMU MBA Assignments
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