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MI0040 – TECHNOLOGY MANAGEMENT

DRIVE- Spring 2015

PROGRAM- MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4)

PGDISMN (SEM 2)

SUBJECT CODE & NAME- MI0040 – TECHNOLOGY MANAGEMENT

Q1. a. What do you mean by S&T policies of organisations? b. What is the role of innovation in S&T? 6, 4

Answer: Science and Technology (S&T) policies of the Organisations: S&T policy is a roadmap that organisations want to follow so that the company can innovate. In addition, these policies provide a clear understanding to the employees about the goals and objectives of the organisation. New technologies create resistance among employees, for example, when computers were being introduced in different public sector organisations and government offices in India, employees had a fear that these machines

 

 

 

Qus: 2 a. Write about the changing trends in the industry

  1. Explain the methods for Strategic Analysis and Decision Making

 

Answer:

  1. Write about the changing trends in the industry:

 

 

  1. Explaining the three 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 organization’s overall objectives. Strategic decisions entail a substantial expenditure of human and non-human

 

 

Qus:3 a. Explain about the concept of strategic planning

  1. Describe the concept of technology maps.
  2. What is technology forecasting?

Answer:

  1. Explaining the 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.

 

The features of strategic planning are as follows:

 

 

Qus:4 What is the impact of the technology change on the following:

  1. Organisational productivity
  2. Quality of work life

Answer:

  1. Impact of technology 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. It is a commonly accepted fact that better tools and techniques yield more output at lower input. In addition, output increases when manual processes are replaced by machines. Therefore, as you

 

 

Qus:5 Demonstrate Global Information System. (Demonstration of GIS) 10

 

Answer:

Diagram of GIS:

 

 

 

Qus:6 Explain the conceptual framework of Management of Technology.

  • Explaining the conceptual framework

Answer:

Diagram:

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