According to the Concept of the Diffusion of Innovation, Consumers

question 221

Multiple Choice

According to the concept of the diffusion of innovation, consumers who have a fear of debt and depend on neighbors and friends as their information sources are called

• A) innovators.
• B) early adopters.
• C) the early majority.
• D) the late majority.
• E) laggards.

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Definitions:

Project Resources

The various assets, such as time, money, personnel, and tools, allocated to achieve the objectives of a project.

Activities

Tasks or actions that are part of a project or process.

Estimations

Approximations or educated guesses about a project's timescales, costs, and resources, based on available data and experience.

Activity Durations

The total time taken from the start to the finish of an activity.