Which of the Following Statements Is True Regarding Technology Diffusion

question 24

Multiple Choice

Which of the following statements is true regarding technology diffusion?

• A) S-curves in technology diffusion are obtained by plotting performance against time.
• B) Information diffusion is slower than technology diffusion.
• C) A drop in prices can accelerate technology diffusion.
• D) Most of the knowledge about a technology is explicitly stated and transmitted.

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Definitions:

Geographical Location

The physical place or position of a person or thing as determined by its coordinates on the Earth's surface.

Purchased Material

Items or goods a company buys from external suppliers for use in its manufacturing process.

Right Source

Choosing the most suitable origin or provider for goods, services, or information, focusing on quality, cost, and reliability.

Right Service

The alignment of a service provided with the exact needs or requirements of a customer or client.