The Difference Between the Diffusion of Innovations Process and the Adoption

question 63

True/False

The difference between the diffusion of innovations process and the adoption process is that the adoption process represents the macro view while the diffusion process represents the micro view.

---

Definitions:

Compound Interest

Interest calculated on the original principal and on previously calculated interest.

Simple Interest

Interest estimated only on the starting sum, not accounting for any compounding effects.

Evaluate

To determine or set the value or amount of; appraise.

Simplify

The act of simplifying a math expression or equation to its most basic version.