MS - 94 Technology Management

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ASSIGNMENT

Course Code                                                      :               MS - 94
Course Title                                                       :               Technology Management
Assignment Code                                            :               MS-94/TMA/SEM - II/2015
Coverage                                                             :               All Blocks

Note : Attempt all the questions and submit this assignment on or before 31st October, 2015 to the coordinator of your study centre.

Q. 1. Explain how R & D can be a source of competitive advantage for a business organization. Illustrate your answer with the help of an example.

Answer:With rising use of global outsourcing, offshoring, international distribution networks and internet channels, it is clear that low labour costs and market access are no longer competitive differentiators. More and more companies are looking to designing and developing new products and services as a crucial source of competitive advantage, differentiation, growth and profitability.

Strategic R&D Management is about how organisations make product innovation happen. It helps senior managers engage in and support product innovation in a way that drives – rather than dissipates – their business strategy. You will learn how to



Q. 2. Differentiate between appropriate and inappropriate technologies giving examples. List out the accepted criteria for selecting appropriate technology in the contemporary situation.

Answer:Appropriate technology is an ideological movement (and its manifestations) originally articulated as intermediate technology by the economist Dr. Ernst Friedrich "Fritz" Schumacher in his influential work, Small is Beautiful. Though the nuances of appropriate technology vary between fields and applications, it is generally recognized as encompassing technological choice and application that is small-scale, decentralized, labor-intensive, energy-efficient, environmentally sound, and locally controlled. Both Schumacher





Q. 3. Discuss the concept of Relevance Tree Technique. Explain the use of this technique in the present context.

Answer:The concept of relevance tree, one of the normative methods, was first described –by C.W. Churchman et akin 1957. In this method the objective to- be achieved is divided into a set of major activities. Each activity is broken down farther into missions and each mission is subdivided into a task.

Then the deficiency with respect to the specific task is identified based on which a project or an action is recommended. It thus involves a




Q. 4. What are the various source of technology information? How are they useful at the enterprise level in the present context? Explain.

Answer:Information technology (IT) is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often in the context of a business or other enterprise.

The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several industries are associated with information technology, including computer hardware, software, electronics, semiconductors, internet, telecom equipment

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Send your semester & Specialization name to our mail id :
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