om0018 technology management 4th sem mba winter 2014 smu solved assignments
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Dear students to get solved assignments of SMU MBA WINTER 2014 call us at 8510092683 or mail us at [email protected]TRANSCRIPT
OM0018 TECHNOLOGY MANAGEMENT
Dear students to get solved assignments of SMU MBA WINTER 2014 call us at 8510092683 or mail us at [email protected] a. Explain Technology Management at various levels
Answer: Technology management is not only conducted by organisations but also nations. This is because nations also need to plan, develop, and implement technological capabilities to enhance their industrial capabilities and achieve economic goals. Let us now study about the management of technology at the national level as well as the organisational level.
b. Discuss briefly about strategic technology management.
Answer: Strategic management refers to a management technique designed to achieve certain predefined goals. Therefore, as the name suggests, SMOT involves technology planning, understanding technological requirements, analysing technological trends and breakthroughs, assessing values of technologies, and sourcing technologies to achieve organisational goals. In the Flipkart example, you studied how the company addressed the challenges faced by it with the help of innovative technology implementation.
Dear students to get solved assignments of SMU MBA WINTER 2014 call us at 8510092683 or mail us at [email protected] a. Write about the changing trends in the industry
Answer: Changing Trends in the Industry
The following table shows the changing trends in the industry:
b. Explain the methods for Strategic Analysis and Decision Making
Answer: Methods for Strategic Analysis and Decision Making
Strategic decision making generally pertains to the long-term future of an organisation. Therefore, strategic decisions are very critical to the achievement of an organisation’s overall objectives.
Dear students to get solved assignments of SMU MBA WINTER 2014 call us at 8510092683 or mail us at [email protected] a. Explain about the concept of strategic planning
Answer: Concept of Strategic Planning
The process, which defines the strategy and direction of an organisation, is known as strategic planning. It makes decision on resource allocation of capital and people to monitor the defined strategy.
b. Describe the concept of technology maps.
Answer: Betz (1987) introduced technology push and market pull in mapping the areas
which rapid technological change may happen. He developed a technology map in the
1980s in the following six areas:
c. What is technology forecasting?
Answer: Technology forecasting is the first step in technology planning. In simple words, forecasting refers to the technique of anticipating a future scenario. In a very dynamic market scenario, organisations continuously focus on forecasting the technological trends in the future.
Dear students to get solved assignments of SMU MBA WINTER 2014 call us at 8510092683 or mail us at [email protected] What is the impact of the technology change on the following?
a. Organisational productivity
Answer: Impact of Technological Change on Organisational Productivity Productivity refers to the amount of output at a given amount of input. Technological change is part of the fundamental factors that can permanently improve organisational productivity.
b. Quality of work life
Answer: Impact of Technological Change on Quality of Work Life
Technological development has significant impact on the quality of work life of an individual. Change in technology is continuously replacing manual jobs by machines. Earlier, most organisational activities were conducted manually.
5 Demonstrate Global Information System with neat diagram.
Answer: With the increasing number of multinational corporations (MNCs) and the profits involved in international business, organisations required a system to manage profitable execution of business strategy.
6 Explain the conceptual framework of Management of Technology with a neat diagram
Answer: The Conceptual FrameworkMOT creates an intersection of science, management, and engineering disciplines. The traditional fields in science and engineering contribute to scientific and technological discoveries.
Dear students to get solved assignments of SMU MBA WINTER 2014 call us at 8510092683 or mail us at [email protected]