1 Discuss Definition Technology Strategic Point View 2 Discuss Role Innovation Strategic M Q34263495

1. Discuss the definition of technology from a strategicpoint of view.

2. Discuss the role of innovation in the strategicmanagement process.

3. Define management of technology and give an example basedon your knowledge.

4. Define management of innovation and give an example ofhow a firm can manage innovation processes.

Expert Answer

1.

Technology canbe defined as overall plan focused on developing and using scienceand knowledge in order to make it advantageous for the firm.

Technology is playing important rolein today’s world. We can’t imagine our lives without technology.Each and every sector requires technology nowadays. Technology hasmade human life easy by eliminating manual work. Business