MTIC
1. Technology development is many times guided by ----------------- analysis.
A. cost/benefit
B. input/output
C. demand/supply
D. cause/ effect
ANSWER: A
2. ___________usually occurs when technology developed by one enterprise in one
technical area and usually for one purpose is applied and used for a different technical
area, for different purpose other than those foreseen at the time when R&D was
initiated:
A. Scientific knowledge transfer
B. Spin Off technology transfer
C. Direct technology transfer
D. outsourcing technology
ANSWER: B
3. Technology push innovations tend to be driven by which of the following:
A. Consumers
B. Political factors
C. Research
D. Manufacturers
ANSWER: D
4. What potential advantages can be gained from involving overseas subsidiaries in R&D
activities?
A. Local subsidiaries offer financial advantages such as lower land and labor costs.
B. Local subsidiaries offer access to local companies.
C. Local subsidiaries offer access to technical knowledge and skills.
D. Local subsidiaries offer financial advantages as well as access to local markets,
technical knowledge and skills.
ANSWER D
5. The goal of Management of technology and innovation in an organization should
always be to:
a. Create new Technology that is ground breaking
b. Expand the number of employees in R&D
c. Create value for the firm
d. Be efficient
6.
The major objective driving the decisions of technology management is
1. Value creation.
2. Nature of the firm.
3. Competitive advantage.
4. Resources of the firm.
6. Technology can broadly be defined as :
a. A process whereby new and improved products, processes, materials and services
are developed and transferred to a new plant or market where they are appropriate.
b. All knowledge , products , processes, tools , methods, and systems employed in
creation of goods or services
c. A coordinated set of actions that fulfill the firm ‘s objectives , purposes and goals
d. A systematic gathering of information that leads to generation of feasible
alternatives for the firm
3) S-curve almost always appears in triplets.
a. True
b. False
4) The term technology transfer often is used to describe a transfer of knowledge from
a concept or even a prototype to some more tangible application.
a. True
b. False
5) Exploratory method of forecasting technique is used when.....
a. A lot of data existed.
b. No experts &technology.
c. A little data existed.
What does the term Emerging Technology mean?
Brand new ideas and systems using technology that is in the design phase which has not yet started to come out in the market place
New technologies that are currently being developed which will ensure that
there is minimal impact on our environment and to make society a better place
to live
New technologies those are currently developing or will be developed over the
next five to ten years, and which will substantially alter the business and social
environment.
New design concepts which utilise the many new materials and technologies that
have only recently been developed.
Introducing new technology to the manufacturing process may provide the opportunity for a
company to develop a competitive advantage. Which statement below is NOT a competitive
advantage deriving from such an initiative?
To become a low cost producer
B) To develop less flexible production systems
C) To reduce lead times between order and delivery
D) To improve consistency of qualit
The Technology Acceptance Model (TAM) tries to predict the rate at which consumers adopt new
technologies. Which of the following is NOT a variable used in the model to predict acceptance?
A) perceived ease of use
B) perceived usefulness
C) attitude towards the technology
D) cost of developing the new technology
Four broad types of technology strategies are
available to a firm. Which type states that
technology development is selective and
deployment is oriented toward exploiting
technological strength to create a competitive
edge?
Technology leadership strategy
Niche strategy
Follower strategy
Technology nationalization
Technology
can best be
defined in
economic
progress as
knowledge.
the terminology of an art science.
the branch of knowledge that deals with industrial arts, applied science, and
engineering.
a technological process, invention method or the like and some of the ways in
which a social group provides themselves with the material objects of their
civilization.
What idea is best illustrated by the example of McDonald's successfully introducing the fast-food hamburger and
then that idea being adopted by other firms such as Burger King and Wendy's?
start-ups
diffusion
B)
inventio
C) n
fast-
second
D) strategy
Judgment methods
are LEAST likely to be
indicated in which of
the following
situations?
The underlying product technology is in transition.
The Delphi method is necessary.
Short-term forecasts are made for a product with stable demand.
A new product is being introduced.
Which of the following is not a mode of international technology transfer?
a. joint ventures
b. licensing
c. patents
d. industrial espionage
The total financial commitment of the Indian Party in all the Joint Ventures / Wholly Owned
Subsidiaries shall not comprise of the following:
a. 100% of the amount of equity shares and/ or Compulsorily Convertible Preference Shares
(CCPS);
b. 100% of the amount of loan;
c. 50% of the amount of guarantee(other than performance Guarantee) issued by the Indian
Party;
d. 100% of the amount of bank guarantee issued by a resident bank on behalf of JV or WOS of
the Indian Party provided the bank guarantee is backed by a counter guarantee / collateral by the
Indian Party.
Which of the Following is the permissible source of funding in an overseas JV / WOS?
• Capitalisation of exports
• Proceeds of foreign currency funds raised through ADR / GDR issues
• Swap of shares
• proceeds of External Commercial Borrowings (ECBs) / Foreign Currency Convertible Bonds
(FCCBs)
The skeptical conservatives group who are technology shy, risk averse and price
sensitive are
a) Early adopters
b) Innovators
c) Early majority
d) Late majority
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