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View attached explanation and answer. Let me know if you have any questions.المملكة العربية السعوديةوزارة التعليمالجامعة السعودية اإللكترونيةKingdom of Saudi ArabiaMinistry of EducationSaudi ElectronicUniversityCollege of Administrative and Financial SciencesAssignment 3Management of Technology (MGT 325)Deadline: 30/04/2022 @ 23:59Course Name: Management ofTechnologyCourse Code: MGT325Student’s Name:Semester: 2ndCRN:Student’s ID Number:Academic Year:2021-22For Instructor’s Use onlyInstructor’s Name:Students’ Grade:Marks Obtained/Out of 10Level of Marks: High/Middle/LowInstructions – PLEASE READ THEM CAREFULLY•The Assignment must be submitted on Blackboard (WORD format only) via allocatedfolder.•Assignments submitted through email will not be accepted.•Students are advised to make their work clear and well presented, marks may be reducedfor poor presentation. This includes filling your information on the cover page.•Students must mention question number clearly in their answer.•Late submission will NOT be accepted.•Avoid plagiarism, the work should be in your own words, copying from students orother resources without proper referencing will result in ZERO marks. No exceptions.•All answered must be typed using Times New Roman (size 12, double-spaced) font.No pictures containing text will be accepted and will be considered plagiarism).•Submissions without this cover page will NOT be accepted.Course Learning Outcomes-Covered➢ Explain of the concepts, models for formulating strategies, defining theorganizational strategic directions and crafting a deployment strategy. (Lo2.2)AssignmentMarks:103Students are requested to read the opening case of chapter 10 “Organizing forInnovation” from their book Strategic Management of Technological Innovation(Page Number-197-200) of e-textbook. Based on your understanding of the caseand concepts studied until now answer the following question in 300-500 wordseach.1….