The Sales of the Apple Watch Increased When Customers Were

question 3

Multiple Choice

The sales of the Apple watch increased when customers were informed about various functions of the watch. This change in sales reflects which of the following characteristics of innovation?

• A)relative advantage
• B)communicability
• C)compatibility
• D)complexity
• E)divisibility

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Definitions:

Materials Price Variance

The difference between the actual cost of materials purchased and the expected cost of materials, adjusted for the actual quantity purchased.

Production Line

An arrangement of machines and workers in a factory where a product passes sequentially from operation to operation until completed.

Waste

Unwanted materials or substances produced by a manufacturing process or during consumption, often associated with inefficiency or environmental harm.

Fixed Costs

Expenses that do not change with the level of production or business activity, such as rent, salaries, and insurance.