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Discuss the two time-frame determinants that managers need to make while assessing market receptiveness for a technological innovation. Give a suitable example.
Rational Decision Making
A logical, step-by-step process for making choices that consider all available information and potential outcomes.
Ideal Conditions
Describes the most favorable circumstances or settings in which a specific process or experiment could occur without any impediments.
Serotonin
A neurotransmitter in the brain that affects mood, social behavior, appetite, digestion, sleep, memory, and sexual desire and function.
Dopamine
A neurotransmitter involved in controlling movement and posture, moderating mood, and affecting motivation and reward.
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