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Title Name Amity Solved Assignment for Management of Technology and Innovation
University AMITY
Service Type Assignment
Course MBA
Semester Semester-III-Operation Course: MBA
Short Name or Subject Code Management of Technology & Innovation
Commerce line item Type Semester-III-Operation Course: MBA
Product Assignment of MBA Semester-III-Operation (AMITY)
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Solved Assignment


  Questions :-

Management of Technology & Innovation

Assignment A

1.         Discuss the Business cycles.  

2.         Differentiate between technology sourcing and transfer.     

3.         Explain Value dynamics in technology and innovation.       

4.         Discuss Creation & development of ideas.    

5.         Explain Lasting & differentiating leadership.

6.         Describe the Innovation Models.       

7.         Explain Strategic Innovation.

8.         Discuss the Innovation project management.

 

 

Assignment B

Case Detail: 

The business cycle or economic cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence. These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions or booms), and periods of relative stagnation or decline (contractions or recessions).

Business cycles are usually measured by considering the growth rate of real gross domestic product. Despite the often-applied term cycles, these fluctuations in economic activity do not exhibit uniform or predictable periodicity.

The common or popular usage boom-and-bust cycle refers to fluctuations in which the expansion is rapid and the contraction severe.

 

Question

1.         Explain the business cycle. 

2.         How are business cycles measured? 

3.         What does a business cycle explain?

 

 

 

Assignment C

 

Question No.  1           Marks - 10

Technology & Innovation Management is at the intersection of       

 Options          

  1. strategy          
  2. technology     
  3. operations       
  4. all of the above

 

Question No.  2           Marks - 10

It provides executives with the understanding of how technology works in the innovation process and enables them to make sound business decisions.        

 Options          

  1. Technology & Innovation Management        
  2. project mgt     
  3. cash mgt         
  4. inventory mgt

 

Question No.  3           Marks - 10

Successful innovation is inherently multi-functional and matches a profound understanding of user needs and wants to a distinctive …………...competence.         

 Options          

  1. commercial     
  2. human
  3. operations       
  4. technical

 

Question No.  4           Marks - 10

The ……...method is a structured communication technique, originally developed as a systematic, interactive forecasting method which relies on a panel of experts.         

 Options          

  1. ABC   
  2. VED   
  3. Delphi
  4. all of the above

 

Question No.  5           Marks - 10

The virtues of the use of rational methods are as follows:    

 Options          

  1. They can be taught and learned         
  2. They can be described and explained
  3. They provide a procedure followable by anyone who has absorbed the necessary training 
  4. all of the above

 

Question No.  6           Marks - 10

Commonly adopted methods of technology forecasting include the

 Options          

  1. Delphi method           
  2. forecast by analogy    
  3. growth curves
  4. all of the above

 

Question No.  7           Marks - 10

Innovation management allows the organization to respond to external or internal opportunities, and use its ……. to introduce new ideas, processes or products

 Options          

  1. creativity        
  2. cash    
  3. loss     
  4. profit

Question No.  8           Marks - 10

……………. management is the management of innovation processes.       

 Options          

  1. Innovation      
  2. project mgt     
  3. cash mgt         
  4. inventory mgt 

 

Question No.  9           Marks - 10

A ……..process is based on existing or newly invented technology, that the organization has access to, and tries to find profitable applications for.     

 Options          

  1. pulled 
  2. pushed
  3. both of the above       
  4. none of the above      

 

 

Question No.  10         Marks - 10

A ……….process is based on finding areas where customers needs are not met, and then find solutions to those needs. 

 Options          

  1. pulled 
  2. pushed
  3. both of the above       
  4. none of the above

 

Question No.  11         Marks - 10

The …………...of products is getting shorter because of increased competition.    

 Options          

  1. PLC    
  2. SDLC 
  3. SLC    
  4. GLC   

 

Question No.  12         Marks - 10

Innovation managers must therefore …………...development time, without sacrificing quality or meeting the needs of the market.  

 Options          

  1. increase          
  2. decrease         
  3. same   
  4. none of the above

 

Question No.  13         Marks - 10

An essential part of developing the science and technology base for sustained competitive advantage is to build the organizations capacity to manage innovation successfully.         

 Options          

  1. Technology & Innovation Management        
  2. project mgt     
  3. cash mgt         
  4. inventory mgt

 

 

Question No.  14         Marks - 10

It refers both to product and organizational innovation.       

 Options          

  1. Innovation mgt          
  2. project mgt     
  3. cash mgt         
  4. inventory mgt

 

Question No.  15         Marks - 10

The………....Model of Innovation is an early model of innovation that suggests technical change happens in a linear fashion from Invention to Innovation to Diffusion.    

 Options          

  1. simple 
  2. Linear 
  3. both of the above       
  4. none of the above

 

Question No.  16         Marks - 10

Current models of innovation deriving from approaches such as      

 Options          

  1. Actor-Network Theory          
  2. Social shaping of technology 
  3. social learning
  4. all of the above

 

Question No.  17         Marks - 10

………. is defined simply as a "new idea, device, or method"         

 Options          

  1. competition    
  2. Innovation      
  3. technology     
  4. operations

 

Question No.  18         Marks - 10

Innovation is often manifested via the …………. process.  

 Options          

  1. engineering     
  2. inventory        
  3. commercial     
  4. production

 

Question No.  19         Marks - 10

Normative methods of technology forecasting — like the    

 Options          

  1. relevance trees
  2. morphological models
  3. mission flow diagrams           
  4. all of the above

 

Question No.  20         Marks - 10

There are several ………... of innovation. It can occur as a result of a focus effort by a range of different agents, by chance, or as a result of a major system failure.    

 Options          

  1. models
  2. sources
  3. TYPES           
  4. class

 

Question No.  21         Marks - 10

An important innovation factor includes ……………. buying products or using services.  

 Options          

  1. customers       
  2. producers       
  3. retailers           
  4. manufacturers

 

Question No.  22         Marks - 10

The …………...curve derives from an assumption that new products are likely to have "product life" – i.e., a start-up phase, a rapid increase in revenue and eventual decline.      

 Options          

  1. s          
  2. a         
  3. p         
  4. c

 

Question No.  23         Marks - 10

This is accomplished through more-effective products, processes, services, technologies, or business models that are readily available to markets, governments and society.   

 Options          

  1. competition    
  2. Innovation      
  3. technology     
  4. operations

 

Question No.  24         Marks - 10

…………. innovation is an organization´s process of reinventing or redesigning its corporate strategy to drive business growth, generate value for the company and its customers, and create competitive advantage.    

 Options          

  1. Strategic         
  2. classic 
  3. standard         
  4. close   

 

Question No.  25         Marks - 10

Innovations that are unique or state-of-the-art technological advances in a product category that significantly alter the consumption patterns of a market    

 Options          

  1. Strategic         
  2. classic 
  3. standard         
  4. breakthrough

 

Question No.  26         Marks - 10

It is both a process and an outcome.  

 Options          

  1. competition    
  2. Innovation      
  3. technology     
  4. operations

 

Question No.  27         Marks - 10

Strategic innovation often refers to innovation projects that occur at the ………. level.     

 Options          

  1. executive        
  2. lower  
  3. middle
  4. higher

 

Question No.  28         Marks - 10

A company needs to choose the right organizational model for the………..team to suit the nature of the business and its challenges.      

 Options          

  1. Strategic         
  2. classic 
  3. standard         
  4. breakthrough

 

Question No.  29         Marks - 10

It can be considered …………….if that increased efficiency or cost effectiveness threatens to make the competition´s business model obsolete.         

 Options          

  1. Disruptive      
  2. Strategic         
  3. classic 
  4. standard

 

Question No.  30         Marks - 10

It is related to, but not the same as, invention.          

 Options          

  1. competition    
  2. Innovation      
  3. technology     
  4. operations

 

Question No.  31         Marks - 10

The length of a business cycle is the period of time containing a ……….boom and contraction in sequence.           

 Options          

  1. single  
  2. continuous      
  3. twice  
  4. thrice

 

Question No.  32         Marks - 10

This type of innovation is essential for organizations to adapt to the speed of technology change. 

 Options          

  1. Strategic         
  2. classic 
  3. standard         
  4. close

 

Question No.  33         Marks - 10

……………...is the process of two or more people or organizations working together to realize or achieve something successfully.         

 Options          

  1. Collaboration 
  2. Strategic         
  3. classic 
  4. standard

 

Question No.  34         Marks - 10

Most collaboration requires…………., although the form of leadership can be social within a decentralized and egalitarian group.       

 Options          

  1. motivation      
  2. leadership       
  3. both of the above       
  4. none of the above

 

Question No.  35         Marks - 10

The first prerequisite is having a well-defined breakthrough strategy and goals.     

 Options          

  1. Strategic         
  2. classic 
  3. standard         
  4. breakthrough

 

Question No.  36         Marks - 10

Teams that work collaboratively can obtain greater resources, recognition and reward when facing …... for finite resources.       

 Options          

  1. competition    
  2. Innovation      
  3. technology     
  4. operations

 

Question No.  37         Marks - 10

………... enables individuals to work together to achieve a defined and common business purpose.         

 Options          

  1. Collaboration 
  2. Strategic         
  3. classic 
  4. standard

 

Question No.  38         Marks - 10

Collaboration relies on ………………..but also some level of focus and accountability on the part of the business organizations. 

 Options          

  1. openness         
  2. knowledge sharing     
  3. both of the above       
  4. none of the above

 

Question No.  39         Marks - 10

Governance should be established addressing the creation and closing of...workspaces with assignment of responsibility for capturing the emergent results of the collaborative effort.

 Options          

  1. team   
  2. single  
  3. both of the above       
  4. none of the above

 

Question No.  40         Marks - 10

…………...can be defined as something original and more effective and, as a consequence, new, that "breaks into" the market or society.    

 Options          

  1. competition    
  2. Innovation      
  3. technology     
  4. operations

  Answers :-

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