mgt 325 Management of Technology Saudi electronic university MGT 325 – Management of Technology

Assignment 2 Management of Technology (MGT 325)Instructions ? PLEASE READ THEM CAREFULLY Course Learning Outcomes-CoveredReference Source: Textbook:-Schilling M.A (2020),Strategic Management of Technology Innovation (6th Edition). Mc-Graw Hill Education. Electronic Version: ISBN-13: 978-1260087956ISBN-10: 1260087956, Printed Version: ISBN-13: 978-1260087956 ISBN-10: 1260087956Weight: 15 MarksStudents are required to refer to chapter 7 ?Choosing Innovation Projects? of their textbook with a particular attention to the discussion ?Where should we focus our innovation efforts? An exercise.? (Pg 141) Clear understanding of the chapter along with in continuous critical analyzation of each topic and discussion is highly recommended.Based on the knowledge and information gathered by referring to the textbook and the students own thorough research; they are required to answer the below mentioned questions as per the instructions.Note :-QUESTIONS: Q1- Based on your textbook, explain the 5 steps that can help to obtain the ?big picture? of technology evolution in an area and to prioritize innovation investments. Give at least one example to support your answer. (Min words 500-600)Q2- Judging by the current trends of the technological innovations in the market, select a company of your choice which has repeatedly weighted the ?importance to customer? as its primary objective while choosing their innovation projects. Explain at least two instances in depth supporting your answer. (Min words 250-300) Q3- Judging by the current trends of the technological innovations in the market, select a company of your choice which has repeatedly weighted the ?ease of development? as its primary objective while choosing their innovation projects. Explain at least two instances in depth supporting your answer. (Min words 250-300) Q4- Write about minimum two companies or industries that are currently investing in technology dimensions where the utility payoff of improving the technology has flattened. (Min words 250)Q5- Create your own matrix to assess which technological development investments are likely to yield the biggest bang for the buck in case of ?biometric security devices?. Explain your findings. (Min words 350)Directions: