Question

In: Operations Management

Relative advantage, compatibility, complexity, divisibility, and communicability are all examples of ________ . a. alternative evaluation...

Relative advantage, compatibility, complexity, divisibility, and communicability are all examples of ________ .

a.

alternative evaluation

b.

product characteristics that influence rate of adoption

c.

dissonance-reducing buying behaviour

d.

post-purchase behaviour

e.

individual differences in innovativeness

Solutions

Expert Solution

Option b) product characteristics that influence rate of adoption

These factors determine how fast the new product will be adapted by the customers. The designers must focus not just on the new product but also its characteristics that will ensure its success.

  • Relative advantage means the additional advantage perceived by using the new product over the existing product.
  • Compayibility means the new product is more compatible with the customers of existing product.
  • Complexity means if new product is more complex then it will be adapted at a slow rate.
  • Divisibility is the degree to which the new prdouct can be tried on sample basis by customers.

For ex- New confectionery can be distributed as samples among consumers but new surgical equipments cannot be distributed as samples and thus seminars are arranged to educate its users.

  • Communicability means that its benefits is easily communicated or observed like in case of side by side comparison, before and after comparison etc.

Related Solutions

What are the challenges in evaluation of health informationsystems into three areas involving the complexity...
What are the challenges in evaluation of health information systems into three areas involving the complexity of the object of evaluation, the complexity of the evaluation project, the motivation to perform evaluation and a framework to help address these challenges
categorize the problems faced in evaluation of health information systems into three areas: the complexity of...
categorize the problems faced in evaluation of health information systems into three areas: the complexity of the object of evaluation, the complexity of the evaluation project, and the motivation to perform evaluation and a framework to help address these challenges
Kelly Define cognitive complexity and cognitive simplicity. Then provide real-life examples of: 1) a high complexity...
Kelly Define cognitive complexity and cognitive simplicity. Then provide real-life examples of: 1) a high complexity person and 2) a high simplicity person. Kelly’s theory states that constructs must be dichotomous—why do they have to be dichotomous? How do we choose between the two alternatives offered by a construct? In addition to being called a “Cognitive Psychologist,” Kelly has also been linked to the “Constructivist” Perspective. Research the Constructivist perspective and write a 200-word essay which defines constructivism and states...
Q)Determine the complexity of the following code chunks. Show all calculations. (Assume that f() has complexity...
Q)Determine the complexity of the following code chunks. Show all calculations. (Assume that f() has complexity O(1)). A)for(i=0; i<n; i++) m += i; B) for(i=0; i<n; i++)                   for(j=0; j<n; j++)                             sum[i] += entry[i][j]; C) for(i=0; i<n; i++)                   for(j=0; j<i; j++)                             m += j; D) i= 1; while(i< n) { tot += i; i= i* 2;} E) i= n; while(i> 0) { tot += i; i= i/ 2; } F) for(i=0; i<n; i++)                  for(j=0; j<n; j++)...
Please answer all questions: Explain using relative examples: a. Trade Creation b. Trade Diversion
Please answer all questions: Explain using relative examples: a. Trade Creation b. Trade Diversion
For part A and B, determine absolute and relative advantage. Then graph and write the equation...
For part A and B, determine absolute and relative advantage. Then graph and write the equation on their PPF. A. It takes Alison 24 hrs to make 1 unit of x and 6 hrs to make 1 unit of y. On the other hand it takes bob 12hrs to produce 1 unit of x and 4 hrs to produce 1 unit of y. Note that Alison and Bob each have only 96 hrs to spend on the production of X...
Differentiate the alternative components of the promotional mixand their respective values and appraise the relative...
Differentiate the alternative components of the promotional mix and their respective values and appraise the relative emphasis that would be placed on the promotional mix elements in each of the following situations: A manufacturer of an infusion pump therapy kit for use in hospitals A hospital offering a nutrition workshop for seniors An academic medical center offering a helicopter service for trauma cases within a 200-mile radius of the facility A community medical center offering physician referral
Discuss the requirements for listing of a company on the Ghana Alternative Exchange (GAX) relative to...
Discuss the requirements for listing of a company on the Ghana Alternative Exchange (GAX) relative to the first official listing requirements. How does the GAX operate?
1. Which of the following is the major advantage of term insurance relative to life insurance...
1. Which of the following is the major advantage of term insurance relative to life insurance policies like whole life and universal life that build up cash values? a. No need for a physical examination when renewing b. Constant price across a person's lifetime c. Readily convertible to cash d. Provides a greater choice of investments e. Has lower initial premiums 2.Which of the following betas probably indicates a speculative stock that is more risky and volatile than a broad...
Evaluate the commercial use of drones with regard to the perceived characteristics of innovations: relative advantage,...
Evaluate the commercial use of drones with regard to the perceived characteristics of innovations: relative advantage, complexity, compatibility, risk, trialability, observability. In other words, what is the relative advantage of drones? Are they complex to use and understand? Etc. What do you think the future of drones looks like – what kinds of companies/organizations will be using them? For what purposes?​ This is not a graded assignment.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT