Description

SESSION FEB MARCH-24
PROGRAM MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER III
COURSE CODE & NAME DITF303-TECHNOLOGY MANAGEMENT
Assignment Set – 1

1. Discuss the scope of technology management in today’s business environment. What
is the process framework for developing any product?
Ans 1.
Scope of Technology Management in Today’s Business Environment
Technology Management (TM) involves the planning, development, implementation, and
evaluation of technological capabilities to shape and accomplish the strategic and operational
objectives of an organization. In today’s fast-paced and technology-driven business
environment, the scope of technology management is broader and more integral than ever
before.
Enhancing Competitive Advantage
One of the primary scopes of technology management is to enhance an organization’s
competitive advantage. This involves leveraging technology not only to improve existing
Its Half solved only
Buy Complete assignment from us
Price – 190/ assignment
MUJ Manipal University Complete
SolvedAssignments session FEB 2024
buy cheap assignment help online from us easily
we are here to help you with the best and cheap help
Contact No – 8791514139 (WhatsApp)
OR
Mail us- [email protected]
Our website – www.assignmentsupport.in
2. What are the different types of technology acquisitions, Explain the joint venture in
detail with the help of an example.
Different Types of Technology Acquisitions
Technology acquisitions are strategic moves by companies to obtain advanced technologies,
enhance their product offerings, increase market reach, and achieve competitive advantage.
These acquisitions can take various forms, each suited to different strategic needs and
organizational capabilities.
Direct Acquisition
This is the straightforward purchase of a technology company or its intellectual properties.
This method allows a company to immediately gain access to new technologies and
3. Differentiate among technology adoption, absorption, and diffusion. Discuss how a
product can be made highly adaptable.
Differentiation among Technology Adoption, Absorption, and Diffusion
Introduction to Technology Integration Concepts
Understanding the concepts of technology adoption, absorption, and diffusion is crucial for
businesses looking to effectively integrate new technologies. These terms, while related,
describe different aspects of the technology integration process.
Technology Adoption
Technology adoption refers to the initial decision to use a new technology. This is the first
Assignment Set – 2
4. What is the purpose of technology evaluation during acquisition? Give a detailed
example to support the instance.
Purpose of Technology Evaluation During Acquisition
Technology evaluation during acquisition is a critical process that organizations undertake to
assess the viability, benefits, and risks associated with acquiring new technology. This
evaluation is fundamental in ensuring that the technology aligns with the strategic goals of
the organization and provides the expected value.
Risk Assessment
One primary purpose of technology evaluation is to identify potential risks associated with
the technology. This includes technical risks, such as integration challenges and compatibility
5. How does the government play an important role in technology development? How is
sustainability becoming a major guideline in the industrial environment?
Ans 5.
Government’s Role in Technology Development
Governments around the world play a pivotal role in the development and dissemination of
technology through multiple channels. Firstly, they are critical financiers of research and
development (R&D), particularly in high-risk sectors and fundamental research that might
not have immediate commercial applications but are essential for long-term technological
advancements. This support often comes in the form of grants, subsidies, or tax incentives
directed towards universities, research institutes, and private enterprises working on
6. Discuss a summary of how technology has evolved within an organization and
examine the significant factors that have shaped its development.
Ans 6.
The evolution of technology within organizations over the decades reflects a dynamic
interplay of innovation, strategic vision, and market demands. Initially, technology in
organizations was limited to basic mechanical tools and simple manual processes. However,
the introduction of computers in the mid-20th century marked a significant leap, bringing
data processing and information management capabilities that transformed business