The Five Factors That Explain New Product Adoption Rates Are

question 74

True/False

The five factors that explain new product adoption rates are: relative advantage, complexity, compatibility, triability and observability.

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Definitions:

Agency Relationship

The association between one party and an agent who acts on behalf of that party.

Electronic Contracts

Legal agreements that are created, signed, or exchanged electronically, such as those accepted via click-through agreements on websites.

Respondeat Superior

A legal doctrine that holds an employer or principal legally responsible for the wrongful acts of an employee or agent, if such acts occur within the scope of the employment or agency.

Liable

Subject to legal responsibility or obligation.