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Entr 542:Technology And Innovation Question Paper
Entr 542:Technology And Innovation
Course:Master Of Business Administration
Institution: Kenya Methodist University question papers
Exam Year:2013
KENYA METHODIST UNIVERSITY
SCHOOL OF BUSINESS AND MANAGEMENT
END OF SEMESTER EXAMINATION FOR MASTER IN BUSINESS ADMINISTRATION AUGUST, 2013
UNIT CODE : ENTR 542
UNIT TITLE : TECHNOLOGY & INNOVATION
TIME: 3 HOURS
Instructions:
Answer question one and any other three
ADVANCED TECHNOLOGIES
When They Are Appropriate for SMEs.
The world is now passing through an exciting stage of technological progress. It is demonstrating an unprecedented potential, ranging from computer that think like human beings to nuclear fusion plants that produces electricity from ubiquitous substances extracted from sea water and recombinant DNA or genetic engineering leading to the birth of an entirely new industry in bio-mechanical Systems (MEMs) are also very lucrative technological opportunities at the moment. These are emerging technologies, though very disruptive, are beginning to facilitate new product development in many different industries. Now not a day goes by without news of some seeming breakthrough in these areas of science and technology.
Advanced technologies have brought about changes in the manner of production. The mechanical engineering industry has been strongly revivified by the age of electronics to mechatronics, which now conditions the entire industrial system. The transition from mechanical engineering to mechatronics, is reflected by in-depth modification of the product, which is produced by this branch. Instead of machines it now delivers workshops or system of machines. The product-complex, which the mechatronics industry provides, is an assembly of four types of elements, these are: a system/or informatics for control, management and monitoring of the whole complex; an assembly of machining centres consisting of machine tools with a wide range of tools and able to work parts with different characteristics; a system for conveying the parts from the entrance of the workshop, from machining centres to machining centres and thence to the exit from the workshop; and, an assembly of handling units for loading and unloading that is to say the interfaces between the conveying system and to machining centres and to the entry, exit or intermediated storage areas.
These machines are numerically controlled machine tools (NCMT). They act when they receive their instructions from computers, which programme and monitor their work. These machines have opened up a new manner of production system. This remarkable trend in production process has not occurred without affecting the industry worldwide. It has caused a considerable impact on the organization of enterprises. The developing countries are affected by this trend in two ways, both as users and as producers.
Since these are faster and more accurate, any enterprise should be willing to purchase them. But is it more likely that the enterprises in most of the developing countries may find themselves unable to purchase the electronic know-how locally in its effort to proceed from mechanics to mechatronics.
Case study questions
Question One
From the discussion in the case study explain any five implied circumstances when a technology can be inappropriate for a MSE.
(10 marks)
What opportunities can modern technologies expose a small business to?
(5 marks)
Show how developing features are affected by modern technologies both as users and producers.
(10 marks)
Discuss the various dimensions of technology discussed in this case.
(5 marks)
Question Two
Comprehensively, show how information communication technology has evolved in Kenya since 1990s, highlighting the major achievements so far and the challenges encountered.
(15 marks)
Explain the concept of technology transfer in relation to micro and small enterprises in Kenya highlighting the challenges to technology transfer.
(10 marks)
Question Three
What is technology "divide"
(3 marks)
In your own opinion, do you think the education system in Kenya is managing the technology divide among the entrepreneurs? Explain your answer.
(7 marks)
Discuss the various technology diffusion mechanisms suitable for the MSEs in Kenya.
(10 marks)
Discuss the various technology transfer costs.
(5 marks)
Question Four
Identify and describe any five small scale technologies considered appropriate, justifying why you think they are appropriate.
(10 marks)
Discuss any five dimensions of technology innovation show their applicability in Kenya.
(15 marks)
Question Five
Suggest five comprehensive technology policies you think if enacted can enhance small scale sector development. Give appropriate explanation for each.
(10 marks)
Discuss the following concepts.
Technology management
(3 marks)
Technology progress
(3 marks)
Technology assessment
(3 marks)
Technology change
(3 marks)
Technology cluster
(3 marks)
Question Six
Identify and explain ten various ways modern technologies are being utilized in the financial sector and how thy have affected their performance.
(10 marks)
Describe any five techniques of forecasting technologies among MSEs in Kenya.
(15 marks)
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