Diffusion of Innvoations Theory Shows That

question 11

Multiple Choice

Diffusion of Innvoations theory shows that

• A) teams of organizational leaders are responsible for innovation
• B) creative individuals, at first working alone, are responsible for innovation
• C) critical mass is reached after about 16 percent of people adopt an innovation
• D) critical mass is reached after about 50 percent of people adopt an innovation

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Definitions:

Bakery

A place where bread, cakes, cookies, and other bakery products are made or sold.

Gross Domestic Product

The total monetary value of all final goods and services produced within a country's borders in a specific time period.

Consumer Goods

Products and services that satisfy the needs and wants of consumers directly.

Capital Goods

Goods that are used in producing other goods, rather than being bought by consumers directly.