Management of Technology (MGT 325)
Due Date:22/04/2023 @ 23:59
Course Name: Management of Technology
Student’s Name:
Course Code: MGT325
Student’s ID Number:
Semester: 3rd
CRN:
Academic Year:2022-23
For Instructor’s Use only
Instructor’s Name: Dr. XXXXXXXXXXXXXX
Students’ Grade: 00 /15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Course Learning Outcomes-Covered
Recognize the dynamics and the importance of managing technological innovation strategically. (LO 1)
Students are required to refer to chapter 1 ‘Introduction’ of their textbook.
Clear understanding of the chapter along with continuous critical analyzation of each topic and subtopic is highly recommended.
Based on the knowledge and information gathered by referring to the textbook and the students own thorough research; they are required to answer the below mentioned questions as per the instructions.
QUESTIONS:
Q1- ‘Technological innovation is thus the creation of new knowledge that is applied to practical problems. Sometimes this knowledge is applied to problems hastily……’. In your own words, explain what can be the possible consequences of hasty application of technological innovation. Explain whether the benefits of technological innovation over power its drawbacks.
Q2. Explain the three ways (in detail) with which a firm can increase the likelihood of the projects being both technically and commercially successful.
Q3- On the basis of your own research, map the timeline of the Most Important Technological Innovation in the last 50 years . Select one innovation as per your choice and write a detailed note about its positive as well as negative effects on the society.