Spring 2012 Master of Business Administration - Semester 4 : FOR ANSWERS contact us at assignmentssolution@gmail.com

Spring 2012
Master of Business Administration - Semester 4 OM0015 – Maintenance Management - 4 Credits (Book ID: B1340) Assignment Set- 1 (60 Marks) Note: Each Question carries 10 marks. Answer all the questions. 1. Briefly explain the maintenance systems that are practiced in production/service units by providing few examples. 2. What are the three stages in the lifecycle management of any machinery? Explain in brief the Life cycle management system

Explain Technology Generation. Explain Technology Development. Discuss the importance Technology Generation and Development.

Technology Generation

We will start our discussion with the meaning of ‘technology generation’.

Define the term technology. Write a short note on evolution and growth of technology.

Technology

Technology is derived from the Greek word “technologia” in which "techne" means craft and "logia" means saying. On the whole, technology means having the knowledge of making something.

Evolution and Growth of Technology

The history of technology dates back to the time when humans were able to prepare some simple tools with easily available natural resources. History indicates that the advancement in technology had a major leap with the invention of the wheel. From the invention of the wheel, much usage of the technology has started. The technology in all the fields has grown to a larger extent and now we can see the technology involved in almost all the things we use in our daily life.

We know that there are some advanced technologies at present which include the printing press, telephone and Internet which have helped us to communicate all over the globe.

Till now we have mainly concentrated on technology management in general. Now let us learn about technology management in India.