Which of the Following Factors Is Central for the Diffusion

question 32

Multiple Choice

Which of the following factors is central for the diffusion of innovations?

• A) Having a critical mass of adopters
• B) Developing a technology with a clear relative advantage
• C) Understanding how laggards think about technology
• D) Pushing those who are reluctant of an innovation to adopt quickly

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Definitions:

Miller-Orr Model

A financial management model used to determine the optimal level of cash balance a company should maintain, considering the costs of cash management and the variability of cash flows.

Opportunity Rate

The expected rate of return on the best alternative investment option.

Monthly Cash Flows

The net amount of cash being transferred into and out of a business during a particular month.

Miller-Orr Model

A financial model used to manage cash flows and cash reserves, predicting the optimal level of cash balance a company should maintain.