Management

Definition
The art and science of extracting the most from specific assets for fulfilling desired goals.

Basic function

Leading

Planning

Control

Organizing

MOT is integrated planning, design, optimization, operation and control of technological products, processes and services, a better definition would be the management of the use of technology for human advantage

MOT

Industrial Practice

Business Theory

Social Science

Engineering

Natural Science

MOT field helps firms to answer the following question:

How it can be exploited to create business opportunity?

How to integrated technology with business strategy?

How technologies is created?

How to use technology gain competitive advantage?

How can technology improve the flexibility of manufacturing and service systems?

When to enter and abandon technology?