Because of the Diversity of Products, Services, and Customers, Generalists

question 24

True/False

Because of the diversity of products, services, and customers, generalists are able to reallocate resources internally to adapt to a changing environment whereas specialists are not.

Analyze the factors contributing to the knowing-doing gap.

Understand the concept of diffusion in the context of innovation and its challenges.

Differentiate between types of innovation: product, process, and managerial.

Recognize the factors that influence the diffusion of innovations, including their complexity and compatibility with existing practices.

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Definitions:

Chunk

A term used in psychology to describe a unit of memory or information that is grouped together for easier recall.

Neurons

Specialized cells in the nervous system that transmit information through electrical and chemical signals.

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Chunks

Units of information grouped together as a single unit in memory, making it easier to process and remember.