The Diffusion of Innovation Theory Focuses On

question 124

Multiple Choice

The diffusion of innovation theory focuses on:

• A) the geographic boundaries of innovation.
• B) the relationship between pioneer brands and imitators.
• C) the psychological traits of innovators.
• D) the rate at which consumers are likely to adopt a new product or service.
• E) all of these.

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Definitions:

Georgia

A state in the Southeastern region of the United States or alternatively, a country located at the intersection of Europe and Asia.

Economic Impact

The effect that an event, policy, or market trend has on economic factors such as GDP, employment, and inflation.

Civil War

A war between citizens of the same country, often resulting from disputes over governance, territory, or other internal issues.

Social Impact

The effect of an activity on the social fabric of the community and well-being of the individuals and families.