In a ___________,The Old System Is Discarded and the New

question 1

Short Answer

In a ___________,the old system is discarded and the new one takes over the entire business operation for which it was developed.

---

Definitions:

Consumer Adoption

The process by which customers accept and purchase new products or technologies.

Product Launch

The introduction of a new product to the market, encompassing activities from marketing to distribution.

Adopter

An individual or entity that starts using a new product, technology, or idea.

Concept Test

A research technique used to evaluate consumer response to a product idea before it is marketed, by presenting the concept in a detailed, simulated market scenario.