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MT (Chapter 1- 7)

Total questions: 31

Worksheet time: 16mins

Name
Class
Date
1.

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

a)

True

b)

False

2.

Technology superiority would produce a successful

business.

a)

True

b)

False

3.

Creative destruction is when new technologies obsolete old

technologies

a)

True

b)

False

4.

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

a)

True

b)

False

5.

Components of technology consists of hardware, software and netware.

a)

True

b)

False

6.

Salient features of technology are as below except:

a)

Change

b)

Widespread effects

c)

Self-reinforcing

d)

Not complex

7.

This technology is in pre-commercialization

a)

Old technology

b)

Emerging technology

c)

New technology

d)

High technology

8.

(a)   is faster transferred than tacit technology

9.

Which is not the nature of MOT?

a)

It is a process

b)

It is goal oriented

c)

It is an intradisciplinary mix

d)

It is a system

10.

Which is not the driver of MOT?

a)

Change in technology

b)

Change in scope

c)

Change in competition

d)

Change in liability valuation

11.

Which factor does not contribute to wealth creation?

a)

Technology

b)

Open resources

c)

Market

d)

Labor

12.

Which is not true about the long wave hypothesis?

a)

New technology comes from nature and science comes from new discoveries in nature

b)

High-technology products displace old technology when there is a justification for performance over cost.

c)

Technology life cycles of industries affect long cycles in the national economy

d)

Cutting-edge technology is behind the long waves of economic activity

13.

What is the role of technology in an organization?

a)

Provides sustainable competitive advantage

b)

Reduces productivity

c)

Create Profits

d)

Protect from obsolescence

14.

Which is true about invention?

a)

New to the company

b)

Only few are commercialized

c)

As a team

d)

Increases the economy

15.

Which is true about innovation?

a)

Original creation

b)

As an event

c)

As a process

d)

Individually done

16.

What does creativity depend on?

a)

People

b)

Non-environment

c)

Art

d)

Writing

17.

Timely factor is the timely creation and introduction of technology into the market place

a)

Yes

b)

No

18.

What is true about managing operation?

a)

Tomorrow revenue is created

b)

Unclear, Often Conflicting Goals

c)

New Players & Role

d)

Route and Result is just one

19.

Which is true about managing innovation?

a)

Results and routes are multiplied

b)

Creating Today’s Revenue

c)

Route and Result is just one

d)

Players & Roles are traditional

20.

Which is not the technology and its enabler?

a)

Creativity and teamwork

b)

Project Planning & Management

c)

Environment of the Business

d)

Resources

21.

What is not true about the S-Curve?

a)

It is utilized to plan strategically

b)

If followed, high cost in the planning stage

c)

Useful to forecast their technology

d)

Performance of a technology progress

22.

Which is phase in the maturity stage in technology lifecycle?

a)

mature-technology phase

b)

technology development phase

c)

mature obsolescence phase

d)

mature substitution phase

23.

Which is not the characteristic of innovation?

a)

Procedure or product that is tangible

b)

It is new to the organization

c)

Not done accidentally

d)

Aiming at predicting benefit to the society only

24.

....is changing the whole design

a)

architectural innovation

b)

component innovation

c)

incremental innovation

d)

radical innovation

25.

(a)   is very different than the previous innovation

26.

Which is not true about technology strategy?

a)

Maintaining technological capabilities in existing businesses

b)

Securing distinctive technological capabilities from external forces

c)

Expanding markets in existing businesses or launching a new business

d)

Choices that companies make for sales

27.

Which is not true about technology strategy formula?

a)

Know the strategy

b)

Decide an acquisitions and organization

c)

Lead the innovative effort

d)

Make resource allocation

28.

Which is not the technology planning framework?

a)

make a technology strategy

b)

analyse the customer and organization

c)

develop the mission

d)

identify the actors

29.

Which is not about appropriate technology?

a)

Not labor used to bring productivity

b)

Ensure the resources fit the required technology

c)

It is suitable to the surroundings for which it has been developed

d)

It is in accordance with the development objectives

30.

Which is not the value chain analysis

a)

Backward integration

b)

Forward integration

c)

Horizontal integration

d)

Front integration

31.

Which is not the core competencies analysis?

a)

Relevance

b)

Difficulty of imitation

c)

Breadth of application

d)

Depth of application