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Marketers Classify Innovations into Three Categories Based on Their Degree

question 96

Essay

Marketers classify innovations into three categories based on their degree of newness. Explain these categories, identifying the role the consumer has in each.


Definitions:

Activate Alarm System

The process of turning an alarm system on to ensure it is operational and can alert in case of an emergency.

Hard Disk Drive

A data storage device used for storing and retrieving digital information using magnetic storage.

Hardware

Physical components of a computer system, such as the CPU, hard drive, and RAM.

Software

Programs and other operating information used by a computer to perform specific tasks.

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