Management of Technology & Innovation (VV2) We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 1 . Discuss the Business cycles . 2 . Differentiate betweentechnology 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 . We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 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. 1. Explain the business cycle. 2. How are business cycles measured? 3. What does a business cycle explain? We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 1.Technology & Innovation Management is at the intersection of strategy technology operations all of the above 2. It provides executives with the understanding of how technology works in the innovation process and enables them to make sound business decisions. Technology & Innovation Management project mgt cash mgt inventory mgt 3. Successful innovation is inherently multi-functional and matches a profound understanding of user needs and wants to a distinctive …………...competence. commercial human operations technical 4. The ……...method is a structured communication technique, originally developed as a systematic, interactive forecasting method which relies on a panel of experts. ABC VED Delphi all of the above 5. The virtues of the use of rational methods are as follows: They can be taught and learned They can be described and explained They provide a procedure followable by anyone who has absorbed the necessary training all of the above 6. Commonly adopted methods of technology forecasting include the Delphi method forecast by analogy growth curves all of the above 7. Innovation management allows the organization to respond to external or internal opportunities, and use its ……. to introduce new ideas, processes or products creativity cash loss profit 8. ……………. management is the management of innovation processes. Innovation project mgt cash mgt inventory mgt 9. A ……..process is based on existing or newly invented technology, that the organization has access to, and tries to find profitable applications for. pulled pushed both of the above none of the above 10. A ……….process is based on finding areas where customers needs are not met, and then find solutions to those needs. pulled pushed both of the above none of the above 11. The …………...of products is getting shorter because of increased competition. PLC SDLC SLC GLC 12. Innovation managers must therefore …………...development time, without sacrificing quality or meeting the needs of the market. increase decrease same none of the above We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 13. An essential part of developing the science and technology base for sustained competitive advantage is to build the organizations capacity to manage innovation successfully. Technology & Innovation Management project mgt cash mgt inventory mgt 14. It refers both to product and organizational innovation. Innovation mgt project mgt cash mgt inventory mgt 15. 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. simple Linear both of the above none of the above 16. Current models of innovation deriving from approaches such as Actor-Network Theory Social shaping of technology social learning all of the above 17. ………. is defined simply as a "new idea, device, or method" competition Innovation technology operations 18. Innovation is often manifested via the …………. process. engineering inventory commercial production 19. Normative methods of technology forecasting — like the relevance trees morphological models mission flow diagrams all of the above 20. 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. models sources TYPES class 21. An important innovation factor includes ……………. buying products or using services. customers producers retailers manufacturers We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 22. 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. s a p c 23. This is accomplished through more-effective products, processes, services, technologies, or business models that are readily available to markets, governments and society. competition Innovation technology operations 24. …………. 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. Strategic classic standard close 25. Innovations that are unique or state-of-the-art technological advances in a product category that significantly alter the consumption patterns of a market Strategic classic standard breakthrough 26. It is both a process and an outcome. competition Innovation technology operations 27. Strategic innovation often refers to innovation projects that occur at the ………. level. executive lower middle higher We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only) 28. A company needs to choose the right organizational model for the………..team to suit the nature of the business and its challenges. Strategic classic standard breakthrough 29. It can be considered …………….if that increased efficiency or cost effectiveness threatens to make the competition's business model obsolete. Disruptive Strategic classic standard 30. It is related to, but not the same as, invention. competition Innovation technology operations 31. The length of a business cycle is the period of time containing a ……….boom and contraction in sequence. single continuous twice thrice 32. This type of innovation is essential for organizations to adapt to the speed of technology change. Strategic classic standard close 33. ……………...is the process of two or more people or organizations working together to realize or achieve something successfully. Collaboration Strategic classic standard 34. Most collaboration requires…………., although the form of leadership can be social within a decentralized and egalitarian group. motivation leadership both of the above none of the above 35. The first prerequisite is having a well-defined breakthrough strategy and goals. Strategic classic standard breakthrough 36. Teams that work collaboratively can obtain greater resources, recognition and reward when facing …... for finite resources. competition Innovation technology operations 37………... enables individuals to work together to achieve a defined and common business purpose. Collaboration Strategic classic standard 38. Collaboration relies on ………………..but also some level of focus and accountability on the part of the business organizations. openness knowledge sharing both of the above none of the above 39. Governance should be established addressing the creation and closing of ..workspaces with assignment of responsibility for capturing the emergent results of the collaborative effort. team single both of the above none of the above 40…………...can be defined as something original and more effective and, as a consequence, new, that "breaks into" the market or society. competition Innovation technology operations We Also Provide SYNOPSIS AND PROJECT. Contact www.kimsharma.co.in for best and lowest cost solution or Email: solvedstudymaterial@gmail.com Call: +91 82907-72200 (Call/WhatsApp) or +91 88003-52777 (WhatsApp Only)