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PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION (BBA)
SEMESTER
VI
SUBJECT CODE & NAME
BBA601 TECHNOLOGY MANAGEMENT
Qus:1 Define Technology. Describe the impact of technology on business and society.
Answer: The definition provided by Gendron says technology is practical knowledge based
on experimentation and theory, which is embodied in productive skills, organization, or
machinery.
In 2004, Burgelman, Christensen, and Wheelwright explained technology as a combination
of theoretical,

Qus:2 Explain the concept of technology forecasting? Write a brief note on different
methods of technology forecasting.
Answer: Technology forecasting is the seeking of or anticipation of technological innovation.
It is the process of predicting the future characteristics and timing of technology. In the time
of rapid technological changes, business plans must be based on a sound forecast of future

Qus:3 List and describe the different characteristics of the various stages in life cycle of
technology.
Answer: Technology and its implications are an ongoing process. There are typically four
stages of evolution in the life cycle of a technology.
1. Cutting-edge: This stage represents the origin of a fresh product, material or process
resulting from R&D activities. In R&D laboratories, new ideas are generated
depending on gaining needs

Qus:4 Briefly explain any four qualitative technology transfer models.


Answer: There are several qualitative technology transfer models. Some of the qualitative
models are as follows:
The Bar-Zakay model: This model is based on a project management approach, wherein the
process of technology transfer is divided into four stages:
o Search

Qus:5 a. Explain the different steps of Environmental Impact Analysis (EIA) process.
b. What are the various issues in the preparation of EIA Report?
Answer: Environmental impact analysis or assessment is an activity to identify, predict,
interpret, and supply information about the impact of an industrial or technologyrelated
activity on human health and well-being. The following are the EIA process steps:
1. Examination of environmental resources: This is the first step where fast examination
of the basic

Qus:6 Define Innovation. Explain different types of Innovation. Briefly explain the
external and internal factors which influence innovation.
Answer: The importance of new technologies and innovations for competitiveness and
growth is most important among managers, policy makers, and researchers. However, not all
new technologies and innovations are successful. Given the various technological
opportunities and types of innovations from which organizations can potentially choose, it is
desirable to

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