MT (Chapter 1- 7)

Technology is creating goods or providing services using knowledge, processes, methods and systems

• True

• False

Technology superiority would produce a successful

business.

• True

• False

Creative destruction is when new technologies obsolete old

technologies

• True

• False

Technology is not responsible for a great deal of the progress of the human race.

• True

• False

Components of technology consists of hardware, software and netware.

• True

• False

Salient features of technology are as below except:

• Change

• Widespread effects

• Self-reinforcing

• Not complex

This technology is in pre-commercialization

• Old technology

• Emerging technology

• New technology

• High technology

...................is faster transferred than tacit technology

Which is not the nature of MOT?

• It is a process

• It is goal oriented

• It is an intradisciplinary mix

• It is a system

Which is not the driver of MOT?

• Change in technology

• Change in scope

• Change in competition

• Change in liability valuation