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Explain with Examples How a Successful New Product Launched by a Company

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Essay

Explain with examples how a successful new product launched by a company can overcome the various factors that affect its diffusion rate in the context of the diffusion of innovation theory.


Definitions:

PLC Chassis

A PLC chassis provides the structural support to accommodate various PLC modules, including processors, input/output modules, and communication modules, facilitating their interconnection.

Terminal

An endpoint or interface for entering data into or receiving data from a computer system.

Bit Status

The current state (ON or OFF) of a single binary digit in computer memory or communications, representing the smallest unit of data.

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