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BACHELOR OF BUSINESS ADMINISTRATION (BBA)

SEMESTER

VI

SUBJECT CODE & NAME

BBA601– TECHNOLOGY MANAGEMENT

Q.1 Define Innovation. Explain different types of Innovation. Briefly explain the external and internal
factors which influence innovation.

a) Define the concept of innovation Explain four types of innovation b) Explain the external and
internal factors which influence innovation.

Answer -

The process of translating an idea or invention into a good or service that creates value or for which
customers will pay.

To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific
need. Innovation involves deliberate application of information, imagination and initiative in deriving
greater or different values from resources, and includes all processes by which

Q.2 What is the link between Technology Development and Competition?

Link between Technology Development and Competition

Answer-
Link between Technology Development and Competition
 There is a strong bond between technology development and competition. To reach a strong position in
the market and maintain high level of profitability, an organization needs to have a strong sense of
competitiveness. The technology and the innovating ability are key aspects that give competitive

Q.3 Technology has changed the society so much. If you agree, then in what way it has changed the
business? What are the positive and negative impacts of Technology on business and society?

a) Positive impact of technology on Business and society b) Negative impact of technology on business
and society.

Answer -

Positive impact of technology on Business and society-

Technology can be viewed from various perspectives. It greatly impacts the functionality of
organizations. Despite being an effective tool, the organization must monitor the changes in the
structures in technology. In today’s world, integration of technology is the hot topic among business
leaders across the world. It is generally a

Q.4 What are the requirements of Knowledge Management Tools? What are the different Knowledge
Management Tools that are available for organizations?

a) Requirements of Knowledge Management Tools. b) Tools available for Knowledge Management.

Answer -

Requirement of Knowledge Management Tools

Knowledge management helps to empower individuals with integration, understanding and learning of
information, and enables them to transform the available data and information into knowledge. Thus,
knowledge is strictly affiliated to and associated with the individual (or group) who creates it.
Irrespective

Q.5 What is Technology assessment? Discuss the methodology of Technology assessment.

a) Technology Assessment b) Methodology of Technology Assessment

Answer-

Technology Assessment-
In 1967, Emilo Daddario, the US congressman coined the term ‘technology assessment’. He defined it as a
form of policy research which provides a balanced appraisal to the policymaker. It is a system to ask the
right

Q.6 Explain different human factors that affect the technology management in The organization.
Human factors affecting the technology management in organization.

Answer-

Human Factors Affecting Technology Management

There are a number of critical technological trends affecting the employee– employer relationship that
further affects how organizations

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SUBJECT CODE & NAME

BBA602

Management Development and Skills

Qus:1 What do you mean by Directing? Explain the principles of Directing.

Answer: Direction is a vital function of management as it is concerned with action and not thought. It is
the process of instructing, guiding, supervising and motivating people towards the

Qus:2 What is Creative Thinking? Discuss the importance of Creative thinking. Explain

the process of Creative Thinking.

Answer: Critical thinking emphasizes analysis and understanding of how people assert themselves, give
explanations, derive solutions, select the right path to tread on and move away from the wrong one. On
Qus:3 Explain the concept of Time Management. Discuss the Steps involved in Time

management.

Answer: Time management is not a new concept; it has been in practice from the time of the sages, who
used to divide the day into different parts, with each part dedicated to a different task, such as the
mornings dedicated to prayer and exercise because of low temperatures and peaceful surroundings,

Qus:4 Suppose you have joined as a Manager in an organization and you are asked to negotiate on a
particular issue. What according to you are the principles of Negotiation? Explain the steps in the
process of negotiation.

Answer: The twelve basic principles of negotiations given by Marvin Gottlieb and William J. Healy in
their book Making Deals: The Business of Negotiating are:

1. The greatest

Qus:5 Discuss the qualities required to become an effective leader.

Answer: A leader should have specific leadership qualities so as to provide effective

leadership. According to Henry Fayol, a leader exhibits the following qualities:

(i) Physical strength and fitness

(ii) Mental

Qus:6 Write a short note on the following:

a) Impact Analysis

b) Catwoe Analysis

Answer: a) Impact Analysis

Impact analysis is a challenging exercise carried out in order to capture and structure all the potential
consequences of a decision at first and secondly to ensure that they are managed

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SUBJECT CODE & NAME

BBA603

Role of International Financial Institutions

Q.1 What do you mean by International Finance? What are the various emerging trends in global
trade?

Explain International Finance

Elaborate the various emerging trends in global trade

Answer-

International Finance

International finance is the branch of economics that broadly studies monetary and macroeconomic
relationship between nations. It studies capital flows among nation, exchange rate fluctuations, balance
of trade, tax policies effects, and other

Q.2 What are the various factors that influence the exchange rates?
Elaborate the factors that influence the exchange rate
Answer -

Although in a free market the exchange rate should be determined by the demand and supply of
currencies, there are many

Q.3 What do you mean by Letter of Credit (LC)? What are the various types of Letter of Credit?
Explain Letter of Credit (LC)
Explain the various types of Letter of Credit

Letter of Credit
Letter of Credit (LC) is one of the methods of making trade payment while dealing with unknown
exporters or importers. LC is one of the most secured modes of payment for international traders,
especially when the foreign buyer’s reliable credit information is not there. The exporter has to be
content with
Q.4 Write short notes on International Bank for Reconstruction and Development (IBRD) and
International Finance Corporation (IFC)
International Bank for Reconstruction and Development (IBRD)
International Finance Corporation (IFC)

Answer-
International Bank for Reconstruction and Development (IBRD)-
The International Bank for Reconstruction and Development (IBRD) is an international financial
development institution and is the first of the five-member institutions which make up the World Bank
Group. IBRD has been constituted

Q.5 Write a short note on Asian Development Bank (ADB). What are the various criticisms that are
made for the ADB?
Asian Development Bank (ADB)
Explain criticisms that are made for the ADB

Answer-
Asian Development Bank (ADB)
The Asian Development Bank (ADB) was originally a brain child of some influential Japanese in 1962,
since they felt that the World Bank was not able to successfully serve the interest in Asia. This was also
supported by the

Q.6 Write a short note on China’s Yuan Revolution and Sovereign Wealth Funds (SWF)?
China’s Yuan Revolution
Sovereign Wealth Funds (SWF)

Answer -
China’s Yuan Revolution-
Time and again, remarks and statements from top officials of Central Bank of China have indicated that
the yuan or Renminbi, the official currency of China, has started to show its potential

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