MS-94 Technology Management Exam Paper
MBA - Master of Business Administration
Note: Attempt all questions which carry 20 marks each.
1. Define Technology Management and examine the relationship between the role of technology and overall business strategies of a firm. Give examples.
OR
"For all countries, the most practical strategy for technology development is to make some and buy some." Explain with examples. What general principles would you like to suggest for planning the development of indigenous technological capabilities?
2. "A technological forecast is a prediction of the future characteristics of useful machines, products, processes, procedures or techniques." Explain the statement and examine the relationship between technology forecast ad technology innovation chain.
OR
(a) What stages in general the R & D process goes through? Explain.
(b) Explain the objectives of corporate R & D, particularly in relation to product life cycles, production cost and market, share.
3. "Indian firms must learn to absorb imported technologies if they want to become self-reliant." Explain the statement, highlighting the need for technology absorption. What should be the important elements of management of technology absorption at the enterprise level?
OR
Explain the concept of Technology Diffusion. Why is technology diffusion important? What impact the current world scenario has on the technology diffusion cycle? Give reasons for your answer.
4. Examine the role of venture capital in promoting technology development. Explain any one venture capital fund operating in India with its role, activities and achievements.'
OR
Though technology information may abound it is always desirable to have a systematic approach to acquiring technology information." Do you agree? What sources an organisation could tap for technology information? Also offer your critical comments on various sources.
5. Write short notes on any four of the following:
(a) Technology search strategy.
(b) Technology business incubator
(c) Objectives of India's Technology Policy
(d) Technology capabilities of a firm
(e) Practical issues in technology management
