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MBA Exam: Emerging Technologies Questions

The document is a model question paper for an MBA examination on emerging exponential technologies. It contains 8 questions assessing students' knowledge of topics like data science, the internet of everything, artificial intelligence, cloud computing, augmented reality, and computer vision. It also includes a case study about an Indian startup called AIBONO that uses technologies like precision agriculture, farm analytics and smart farming collectives to help farmers grow crops matching market demand. The questions related to the case study ask about how digital technologies can synchronize supply and demand in agriculture, making agricultural supply chains lean, the importance of rapid learning and pivoting for startups in India, and challenges fresh food aggregators may face.

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Shravan Bhagav
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137 views2 pages

MBA Exam: Emerging Technologies Questions

The document is a model question paper for an MBA examination on emerging exponential technologies. It contains 8 questions assessing students' knowledge of topics like data science, the internet of everything, artificial intelligence, cloud computing, augmented reality, and computer vision. It also includes a case study about an Indian startup called AIBONO that uses technologies like precision agriculture, farm analytics and smart farming collectives to help farmers grow crops matching market demand. The questions related to the case study ask about how digital technologies can synchronize supply and demand in agriculture, making agricultural supply chains lean, the importance of rapid learning and pivoting for startups in India, and challenges fresh food aggregators may face.

Uploaded by

Shravan Bhagav
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

20MBA302

MODEL QUESTION PAPER-2

Third Semester MBA Degree Examination, March 2022

Emerging Exponential Technologies

Time: 3 hrs. Max. Marks: 100


Note: 1. Answer any four full questions from Q. No 1 to Q. No 7.
2. Q. NO. 8 is Compulsory.

1. a. What is Data Science? (03 Marks)


b. Explain the role of data for emerging technologies. (07 Marks)
c. Describe the challenges and opportunities of Industry 4.0. (10 Marks)

2. a. What is Internet of Everything? (03 Marks)


b. Explain the concept of big data analytics. (07 Marks)
c. Describe the data value chain with a neat diagram. (10 Marks)

3. a. What is Human to Machine Interaction? (03 Marks)


b. Explain the architecture of IoT. (07 Marks)
c. What are the applications of AI in business? Explain. (10 Marks)

4. a. What is Artificial Intelligence? (03 Marks)


b. Explain the different types of AI with examples. (07 Marks)
c. Describe the challenges associated with IoT. (10 Marks)

5. a. What is Cloud Computing? (03 Marks)


b. How does IoT influence the development of Smart Cities? Explain. (07 Marks)
c. Describe the applications of AR in Education. (10 Marks)

6. a. What is Digital Privacy? (03 Marks)


b. Explain the architecture of AR System. (07 Marks)
c. Describe the various applications of IoT in agriculture. (10 Marks)
20MBA302
7. a. What is Computer Vision? (03 Marks)
b. What is additive manufacturing? Explain its significance with (07 Marks)
examples.
c. Describe the various ethical challenges in the usage of emerging (10 Marks)
technologies.

8. CASE STUDY:
Vivek Rajkumar built and offered a full-stack agriculture production management
platform called ‘AIBONO - Using AI to Aid Precision Farming’ to synchronize demand
and supply in the fresh food segment. Using just in time technologies and farm
analytics, AIBONO helped farmers grow crops as per market demand, assisted
retailers in sourcing fresh fruits and vegetables directly from the farms throughout
the year, and provided end consumers with the best of perishable produce. There are
myriad issues faced by Indian farmers such as low farm yield, inadequate storage
facilities, inadequate transport logistics, and lack of an organized structure.
AIBONO’s business model, beginning with the pilot stage when Vivek, armed with an
engineering degree from IIT Madras, got into farming to solve the problems of
farmers using digital technologies. Vivek began by farming paddy and banana on his
ancestral land. Though he did not make a profit, he gathered a lot of farm data,
including the amount of fertilizer and water used, the types of seeds used, etc., and
built a digital platform that could provide real-time precision agriculture services to
farmers by processing all the parameters on a farm.
AIBONO’s initial Farm Management as a Service business model was implemented in
the Nilgiris wherein farmers outsourced measurement, production management, and
the decision-making processes to AIBONO. The company scaled up operations to
launch the ‘Smart Farming Collectives’ initiative wherein partner farmers shared
AIBONO’s resources and farmed collaboratively for mutual benefit and eventually
emerged as a Seed-to-Plate company. AIBONO transformed its revenue model over
the course of its business evolution.
The company’s future plan is to go for capacity expansion, supplying produce to large
organized retail chains, home delivery of perishable produce through last-mile delivery
partners, and partnering with more young farmers who are well-versed in using the
internet and electronic devices.

Questions:
1. How digital technologies can help synchronize demand with supply
in agriculture? (05 marks)
2. How supply chains in agriculture can be made lean? (05 marks)
3. Give the importance of rapid learning and pivoting for start-ups in India.
(05 marks)
4. What are the challenges that fresh food aggregators might face in India.
(05 marks)

Common questions

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Additive manufacturing, or 3D printing, is significant as it enables cost-effective, on-demand production with minimal waste. It allows for greater design freedom and rapid prototyping, transforming industries like automotive, aerospace, and healthcare by reducing lead times and enabling complex, customized part manufacturing .

The architecture of IoT facilitates smart city development by enabling the integration of various devices and systems for better urban management. IoT networks allow for real-time monitoring of city infrastructure, enhance public safety, optimize traffic management, and improve resource allocation such as water and energy consumption .

Big data analytics transforms business operations by providing insights into consumer behavior, improving operational efficiency, and enabling predictive decision-making. It allows businesses to analyze large volumes of data quickly and derive actionable insights, leading to better customer service and strategic planning .

AI enhances business applications by automating complex data analysis, providing intelligent recommendations, and improving customer interaction through chatbots and virtual assistants. In industries like finance, AI helps in fraud detection; in healthcare, it aids in diagnostics; and in retail, it offers personalized marketing strategies .

Digital privacy is challenged by the pervasive nature of emerging technologies, which often require the collection and processing of large amounts of personal data. This raises concerns over how data is used, stored, and protected, necessitating robust privacy regulations and ethical guidelines to safeguard individual rights .

Rapid learning and pivoting are crucial for startups as they navigate dynamic market conditions and consumer preferences. This agility allows them to quickly adapt their business models in response to feedback, optimize their service offerings, and maintain competitive advantage in the fast-evolving technology landscape .

AIBONO leverages digital technologies by implementing a full-stack agriculture production management platform that utilizes just-in-time technologies and farm analytics. This helps synchronize demand with supply, optimize resource usage, and improve farm productivity, addressing challenges like low yields and inadequate logistics in Indian agriculture .

Internet of Everything (IoE) expands on IoT by not only connecting physical devices but also integrating people, processes, and data into the network. This holistic connectivity fosters more comprehensive data analysis and improved decision-making, paving the way for enhanced efficiency and innovation in technology integration .

Emerging exponential technologies pose ethical challenges including potential job displacement due to automation, privacy concerns from ubiquitous data collection, biases in AI decision systems, and equitable access to technology benefits. Ensuring responsible AI deployment and maintaining data ethics are critical areas requiring attention .

Industry 4.0 presents numerous opportunities such as increased automation, improved data analytics, and enhanced production efficiency through the use of IoT and data science. Challenges include cybersecurity threats, data privacy concerns, and the complexity of integrating new technologies with existing systems .

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