MI0040 – TECHNOLOGY MANAGEMENT

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ASSIGNMENT

DRIVE	SUMMER  2015
PROGRAM	MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDOMN (SEM 2)
SUBJECT CODE & NAME	MI0040 – TECHNOLOGY MANAGEMENT
CREDITS	4
BK ID	B2010
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Q. 1. What are the usual sources of economic progress in a country?

Answer: Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita, which is also called per capita income). An increase in growth caused by more efficient use of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth.

Q. 2. a. State the relationship between management paradigms and technology.

Answer:“Business relationship management consists of knowledge, skills, and behaviors (or competencies) that foster a productive relationship between a service organization (e.g. Human Resources, Information technology, a finance department, or an external provider) and their business partners.” BRM is nothing new, the discipline has been researched and defined for a decade, it seems that IT service management was just a little late coming to the party.

The business relationship manager functions as a two

b. What are the changing trends in a technology industry?

Answer:Remember when the computer replaced the typewriter business? It took awhile for computers to become prevalent, but the speed of change is increasing. New innovations are accelerating the path to obsolescence for some industries. Here are a few examples of current trends are causing industries to vanish.

Paper Maps Folding Into GPS: Global positioning systems (GPS) are popular gadgets for drivers, pilots, hikers, boaters and anyone else attempting to find their way. Personal navigation devices (PNDs) have become so common, rental car companies make them available for rent with their cars. Instead of attempting to follow tiny lines on an

Q. 3. The process of Strategic planning covers multiple factors. Explain all of those factors.

Answer:The preparation of a strategic plan is a multi-step process covering vision, mission, objectives, values, strategies, goals and programs. These are discussed below.

The Vision: The first step is to develop a realistic Vision for the business. This should be presented as a pen picture of the business in three or more years time in terms of its likely physical appearance, size, activities, structure, scale offerings etc. Answer the question: "if someone from Mars visited the business, what would they see (or sense)?" Consider its future products, markets, customers, processes, location, staffing etc. Here is a great example of a vision:

The Mission: The nature of a business is often

Q. 4. a. Define Technology Development

Answer: Technological evolution as an innovation- and technology-related theory describes technology development. The Czech philosopher Radovan Richta (1924–1983) originated the theory.The pretechnological period, in which all other animal species remain today aside from some avian and primate species was a non-rational period of the early prehistoric man.

The emergence of technology, made possible by the development of the rational faculty, paved the way for the first stage: the tool. A tool

b. Delineate the phases of its process.

Answer:It's important to understand that the three stages outline the introduction of the fundamental types of technology, and so all three continue to be widely used today. A spear, a plow, a pen, and an optical microscope are all examples of tools.

Q. 5. a. Explain the emerging trends in infrastructure and facilities sector.

Answer:Current Global Scenario:Currently, the global economy is in severe slowdown mode amidst deepening credit crunch and upsetting developmental targets of economies across the world. In the prevailing scenario, infrastructure remains a top priority for addressing developmental gaps as it is considered omnipotent with potentials of lifting economies out of the financial turmoil. The governments around the world are pumping money to generate demands for goods and services by creating jobs through higher spending into physical and social infrastructure. Likewise, the Indian government on its part is not lagging behind on this score and has taken concrete steps to revive the sector to regain its past glory.

Q. 6. Write short note on

a. Technological Impact on Education

Answer:Research:If a school's library is outdated or lacking in a selection of titles, a student might find it difficult to compile the necessary research for an essay or research paper. As long as the school has a computer lab, students are able to use the Internet and digital encyclopedias to obtain the research they need. While students should be wary of the legitimacy of some of the content they read online, many schools use software like the Encyclopedia Britannica to help students do research.

b. Technological Impact on Communication and Transportation

Answer:In recent years, the cost of personal computers and peripherals has dropped sharply even as their processing power and storage capacity have skyrocketed. Likewise, as the growth of broadband and always-on Internet connections illustrates communication fees continue to drop even as connection speeds increase. The lower cost and higher functionality of information and communication systems has had a profound effect in increasing the population of Internet users and fostering the

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

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