DISM403 TECHNOLOGY MANAGEMENT

Description

SESSION	JAN-FEB 2026
PROGRAM	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	IV
COURSE CODE & NAME	DISM403 TECHNOLOGY MANAGEMENT

 

 

Assignment Set – 1

 

 

Q.1. What is the significance of “Technology Management” in an organization’s context? (10 Marks)

Ans 1.

Technology Management is the comprehensive set of management tasks involved in planning, directing in controlling and organizing the creation and deployment of technological capabilities within an organization. It encompasses the processes by that an organization purchases or deploys technology to attain its strategic goals and achieve competitive advantage. The current business climate that is characterized by technological innovation being swift and disruptive, a successful technology management has emerged as one of the primary factors in determining the success of an organisation and its

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Q.2. What are the reasons for obtaining new Technology? (10 Marks)

Ans 2.

Organizations are constantly faced with decisions on whether and when to acquire advanced technology. These are the decisions that are most strategically significant a management team is able to make as they impact competitive positioning and operational capabilities, cost structures, and the long-term prospects for growth

 

 

Q.3. Explain the different components of competitive advantage with an example. (10 Marks)

Ans 3.

Competitive advantage refers to attributes or capabilities that allow an organisation to outperform its competitors and provide superior quality to its customers in a time. Michael Porter’s framework identifies two major factors that contribute to competitive advantage that are the ability to lead in cost and differentiating. In addition to Porter’s framework, competitive advantage is composed of

 

Assignment Set – 2

 

 

Q.4. Explain the Technology generation and development process. (10 Marks)

Ans 4.

Development and technology generation is the systematic process through where new technologies are conceived, researched, tested, refined, eventually commercialized as products that, services, or methods which create value for organizations as well as society. This is a complex process with a high degree of repetition and energy consumption, requiring the coordinated contribution to the field of science, engineering expertise, market insight, and management capability. Understanding

 

Q.5. List and explain the characteristics of innovative work environment. (10 Marks)

Ans 5.

A workplace that is innovative one that constantly allows and encourages employees to generate, develop, and implement fresh ideas that bring worth for the organization and the people who are part of it. Innovation doesn’t happen on random chance. It’s the result of carefully developed organisational attitude, culture of leadership, and a structural layout that eliminate barriers to creativity and provide the resources and freedoms that innovative thinking needs. Certain key traits define a genuinely innovative work atmosphere.

 

Q.6. Technology change has a direct impact on Organizational structure. Justify your answer taking a relevant example. (10 Marks)

Ans 6.

Organizational structure is the formal arrangement that determines what tasks are allocated in a coordinated manner and how tasks are supervised in an organisation. It establishes the reporting relationship and communication channels, as well as power of decision-making, as well as the extent of centralisation or decentralisation. Technology changes are one of the strongest factors that alter the structure of an organisation because it fundamentally alters how tasks are carried out, the way information flows