What Is Diffusion of Innovation

question 74

Multiple Choice

What is diffusion of innovation?

• A) It is the creation of an entirely new product for an unexplored market.
• B) It refers to the number of similar products that are in the market.
• C) It is the spread of a product through the population.
• D) It is the degree of innovation that an organization possesses.

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Definitions:

Accomplishing a Task

The successful completion of a specific duty or responsibility assigned as part of a broader project or job.

Common Technique

A widely used method or approach in a specific field or discipline.

Risk Breakdown Analysis

A method used in project management to categorize potential risks into different groups or domains for better identification and management.

High-risk Projects

Projects that carry a significant risk of failing to meet their objectives due to various factors such as technical challenges, uncertain outcomes, or significant resource requirements.