BBA601-TECHNOLOGY MANAGEMENT

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ASSIGNMENT


DRIVE
SPRING 2014
PROGRAM
Bachelor of Business Administration- BBA
SUBJECT CODE & NAME
BBA601-TECHNOLOGY MANAGEMENT
SEMESTER
6
BK ID
B1894
CREDITS
4
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.

1.Define any one definition of Technology. Explain the concept of technology in brief.

Answer : Definition of Technology

“Technology  is the branch of knowledge that deals with the creation and use of technical means and their interrelation with life, society, and the environment, drawing upon such subjects as industrial arts, engineering, applied science, and pure science.”

Technology can be most broadly defined as the entities, both material and immaterial, created by the application of mental and physical effort in order to achieve some value. In this usage, technology refers to tools and machines that may be used to solve real-world problems. It is a far-reaching term that may include simple tools, such as a crowbar or wooden spoon, or more complex machines, such as a space station or particle


2.List and explain the effects of technology on various human need factors

Answer : Technology has changed the way we as humans live; it changes our understanding of the way things work and changes the way we interact with one another. Technology was once opposed but is now somewhat welcomed into our homes. During the renaissance period, technology was opposed, as the church believed that technology would oppose the beliefs of god. Well they were right. Technology isn’t just computers or TV’s, its engineering science. And in Science, our goal is to progress and understand everything


3.Differentiate between exploratory and normative methods of forecasting.

Answer : Exploratory methods begin from the present, and see where events and trends might take us; normative methods begin from the future, asking what trends and events would take us there.

A fundamental distinction in futures and forecasting studies is commonly drawn between exploratory and normative methods. This terminology is well-established, but rather misleading (since both approaches involve exploration, of course



4.Describe the process of Technology assessment and evaluation with a neat diagram
Answer : We are living in the digital revolution and, much like the industrial revolution, progress is truly exponential. We hear about a new smartphone, new app, new technology every single day. With so many new technologies on the market, how do you sort through the irrelevant and the junk? There are some amazing things out there you could be missing… but other “technologies” just turn out to be a waste of time.

CHECKLIST :
Bottom-Line Performance President Sharon Boller developed Technology Evaluation Checklist for herself to help the company make smarter

5.Briefly explain the government initiative for technology transfer in India.

Answer : Technology Transfer is the intersection between business, science, engineering, law and government ...

 Technology transfer is the process by which basic science research and fundamental discoveries are developed into practical and commercially relevant applications and products. Technology Transfer personnel evaluate and manage invention portfolios, oversee patent prosecution, negotiate licensing agreements and periodically review cooperative research agreements already in place. Part of the technology transfer process involves the prosecution of patents which is overseen by the national Patent and Trademark Office.


6 Write note on

a. Moore’s Law
Answer : Moore’s Law is a computing term which originated around 1970; the simplified version of this law states that processor speeds, or overall processing power for computers will double every two years.  A quick check among technicians in different computer companies shows that the term is not very popular but the rule is still accepted.
To break down the law even further, it specifically stated that the number of transistors on an affordable CPU would double every two years (which is essentially the same thing that was stated before) but ‘more transistors’ is more accurate.


b. Innovation Performance
Answer : It is not an easy job to achieve the level of consistent innovation expected within any organization. Often those breakthroughs never seem to be repeated, we struggle to understand the reasons why we can’t achieve that regular rhythm or dependable outcomes from the innovation portfolio, that we would have expected or the board demands.

If you ever look at high performance in sport it is in the
Dear students get fully solved  SMU BBA Spring 2014 assignments
Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601


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