Which of the Following Statements State Valid Conclusions That Can

question 5

Multiple Choice

Which of the following statements state valid conclusions that can be reached from knowledge of the S- curve? Choose all that apply.

• A) Diffusion patterns can be interrupted or reversed at any point.
• B) Managers should not simply extrapolate next- year's sales from last- year's figures.
• C) Innovations do not follow an inevitable process.
• D) Diffusion is generally a rapid and even progress.

---

Definitions:

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often associated with public goods and services.

Patent Laws

Regulatory legal frameworks designed to protect the rights of inventors by giving them exclusive rights to their inventions for a certain period.

Business Monopoly Power

The ability of a single company to control an entire market, limiting competition and setting prices.

Resource Allocation

The process of assigning available resources in the most efficient manner to meet the objectives of an organization or economy.