What Is One of the Extraneous Variables That Affects the Rate

question 75

Multiple Choice

What is one of the extraneous variables that affects the rate of diffusion of an object?

• A) the absolute marginal value of the innovation relative to the old
• B) the actual attributes of the innovation
• C) the climatic conditions in which the market is located
• D) the method used to communicate the idea
• E) the degree of actual novelty of the innovation

---

Definitions:

Lead Time

The total time taken from the initiation of a process or project until its completion, often used in manufacturing or project planning to indicate the time needed from ordering a product to its delivery.

Safety Stock

Additional inventory held to mitigate the risk of stockouts due to demand variability or supply chain disruptions.

Reorder Point

The inventory level (point) at which action is taken to replenish the stocked item.

Rate of Demand

The speed at which goods or services are requested or required by consumers or processes.