Questions & Correct Answers Graded A+
Year 2025/26 Updated Mgmt 440 Final
New Technology Impact
Technology and Business/Management, Platform (two-sided) market, Web 2.0,
Social Media
Science
_________ is systematic knowledge of the physical or material world gained
through observation and experimentation.
Technology
- The collection of **techniques*, skills, methods and *processes** used in the
production of goods or services or in the accomplishment of objectives, such as
scientific investigation.
- _________ is often a consequence of science and engineering.
Engineering
___________ is the goal-oriented process of designing and making tools and
systems to exploit natural phenomena for human means.
Technology and Biz/ Mgmt.
- Companies use tech to manage org's effectively
Ex: IT system, computing, network, ERP, etc.
Ex's in production: machine, automation, programming, etc.
- Tech becomes one of the most critical sources of competitive advantage
Pre Information Tech revolution (3rd IT), the center of biz was
manufacturing
Today mainstream businesses become
service-centric and value-focused
Year 2025/26 Updated Mgmt 440 Final
New Technology Impact
Technology and Business/Management, Platform (two-sided) market, Web 2.0,
Social Media
Science
_________ is systematic knowledge of the physical or material world gained
through observation and experimentation.
Technology
- The collection of **techniques*, skills, methods and *processes** used in the
production of goods or services or in the accomplishment of objectives, such as
scientific investigation.
- _________ is often a consequence of science and engineering.
Engineering
___________ is the goal-oriented process of designing and making tools and
systems to exploit natural phenomena for human means.
Technology and Biz/ Mgmt.
- Companies use tech to manage org's effectively
Ex: IT system, computing, network, ERP, etc.
Ex's in production: machine, automation, programming, etc.
- Tech becomes one of the most critical sources of competitive advantage
Pre Information Tech revolution (3rd IT), the center of biz was
manufacturing
Today mainstream businesses become
service-centric and value-focused
