An Innovation Will Spread Faster If It

question 80

Multiple Choice

An innovation will spread faster if it

• A)is similar to its predecessor.
• B)is compatible with existing systems and procedures.
• C)has more rather than less complexity.
• D)requires a significant commitment to try or test.
• E)is difficult to copy.

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Definitions:

Cost Certainty

The assurance that the costs associated with producing or delivering a product will not significantly vary, enabling better budgeting and pricing strategies.

Supply Chain Network Design

Supply Chain Network Design involves the strategic planning and structuring of a supply chain’s physical configuration and operational characteristics to optimize efficiency and cost-effectiveness.

Influence Factors

Variables that impact the outcome or performance of a process, decision, or evaluation.

Supply Chain Network Design

Supply Chain Network Design is the process of configuring and managing the complex system of interconnected businesses involved in the production and delivery of products or services, optimizing its efficiency and effectiveness.