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Discuss the Explanation That 'Diffusion of Innovations' Theory Gives for Why

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Essay

Discuss the explanation that 'diffusion of innovations' theory gives for why people adopt technologies at different times.


Definitions:

Payroll Tax Expense

Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.

Inventory

The goods and materials a business holds for the purpose of resale or production.

Freight-in

The cost of transporting goods into a firm, usually considered part of the inventory cost.

Cost of Selling Goods

The total expense directly incurred from the production or purchase of items sold by a business.

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