Diffusion of Innovation Is the Macro Process by Which the Acceptance

question 91

True/False

Diffusion of innovation is the macro process by which the acceptance of an innovation takes place among members of a social system over time.

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Definitions:

Unemployment Rate

The percentage of the total labor force that is unemployed but actively seeking employment and willing to work.

Legal-Political Conditions

The framework of laws and political circumstances that influence how businesses and organizations operate within a society.

Political Party

An organized group of people with similar political aims and opinions, that seeks to influence public policy by getting its candidates elected.

Governmental Regulations

Laws and rules established by government agencies that dictate business practices, standards, and behaviors.