Five Factors That Are Believed to Be Especially Important at Influencing

question 166

Short Answer

Five factors that are believed to be especially important at influencing an innovation's rate of adoption are: relative advantage,compatibility,complexity,divisibility and ________.

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Definitions:

Markup

The amount added to the cost price of goods to cover overhead and profit.

Inventory Turnover

A ratio indicating how fast a company sells and replaces its stock of goods during a particular period.

Net Sales

The total revenue from sales after deducting returns, allowances for damaged or missing goods, and discounts.

Inventory

The complete list of items such as property, goods in stock, or the contents of a building.