TechF

What is not correct about technology forecasting?

• The investigation of new trends, radically
  new technologies and new forces that could arise from the interplay of factors

• A process
  of predicting the future characteristics and timing of the technology-it is oriented towards
  profitability.

• An input-process-output system

• A valuable method for aligning market strategies and creativity

What is not true about a good forecast?

• It is biased

• It is credible

• Methods must be explained

• Must be confident with the results

There are two types of data used in forecasting, namely
........................ and expert opinion

Which is not the types of environmental variables?

• technological environmen

• Social Environment

• Economic Environment

• Politico-legal

• All are types of environmental variables

What are the type of specification of forecast?

• Undertake reviews

• Use by application

• Long term forecast

• Identify variables

There are 6 steps in the technology forecasting process, which one is not?

• Make specifications of forecasting

• Select data sources

• Identify environmental variables

• Employ forecasting techniques

• Transfer the technology

"A decision to invest in a semiconductor fabrication facility is based on a clear understanding of the technologies available within a short frame; or forecasting driverless cars and flying cars."

This statement shows on which specification of forecast?

• Long-Term Forecast

• Short-Term Forecast

• Mid-Term Forecast

"Firms must be aware of the tax laws, intellectual property rights and patent protection."

This statement belongs to which environmental variable?

"When a firm intends to forecast its technology, the firm must always be engaged with the users, be educated and always be updated on the latest technology, and have a burning desire towards a quality of life."

This statement refers to which environmental variable?

Which of the criteria below is not the criteria for expert opinion?

• Must do a trend analysis

• Experts must be chosen to enable multi-disciplinary viewpoints towards a better forecast

• Opinions should only create minimum bias

• Qualifications of the expert: