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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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