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OM0018-Technology Management

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Master of Business Administration- MBA Semester 4
OM0018-Technology Management
(Book ID: B1979)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10
marks 6 X 10=60.
Q1. What are the usual sources of economic progress in a country?
Answer. Enhanced Capital Allowances (ECAs) are a straight forward way for a business to improve its cash
flow through accelerated tax relief. The scheme is used to encourage businesses to invest in energy saving
technologies. In order to claim ECA, energy efficient or energy saving products are required to be member
of the Energy Technology List.
ECA allows businesses to write off the whole cost of the equipment against taxable profits in the year of
purchase. This can provide a cash flow boost and an incentive to invest in energy saving equipment which
Q2. a. State the relationship between management paradigms and technology.
b. What are the changing trends in a technology industry?
Answer. a. The business relationship manager functions as a two-way conduit, working with the business
to define requirements, and communicating these to IT and conversely representing IT to the business.
In an environment where the business has the ability to independently source services from outside the
organization, the business relationship management has a crucial role to play in maintaining a healthy
relationship and communication stream between IT and business. This two-way conduit of information will
Q3. The process of Strategic planning covers multiple factors. Explain all of those factors.
Answer. A vision statement, in contrast, is a future-oriented declaration of the organization’s purpose and
aspirations. In many ways, you can say that the mission statement lays out the organization’s “purpose for
being,” and the vision statement then says, “Based on that purpose, this is what we want to become.” The
strategy should flow directly from the vision, since the strategy is intended to achieve the vision and thus
satisfy the organization’s mission.
Q4. a. Define Technology Development
b. Delineate the phases of its process.
Answer. a. Strictly speaking a technological development is, quite simply, a development (improvement,
alteration) of a technology. It doesn't need to change peoples' lives and doesn't even need to be put into
In engineering it's common to go through number stages of development before the final variation is
decided upon and cleared for production and sale: but the fact remains that each stage from start to finish
is a development.
Q5. a. Explain the emerging trends in infrastructure and facilities sector.
b. Explain the advantage of implementing technology in infrastructure development.
Answer. a. Speeding Infra Spending
The government has initiated innumerable initiatives to lift the sector from its current dormant conditions.
The measures include authorizing the Indian Infrastructure Finance Company Limited (IIFCL) to raise
Rs.100 billion by issuing of tax free bonds to make highways and port projects funding worth Rs. 250 billion
available to the sector. In order to finance projects worth Rs. 750 billion over the next 18 months, the IIFCL
Q6. Write short note on
a. Technological Impact on Education
b. Technological Impact on Communication and Transportation
Answer. a. Technological Impact on Education
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.
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