An innovation is a product perceived as new by a potential adopter.

Name: An innovation is a product perceived as new by a potential adopter.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

This statement is true. An innovation is a product, service, or idea that a potential adopter perceives as new and is not yet widely adopted in the market. It may offer a new solution to an existing problem or fulfill an unmet need, and its adoption can require changes in behavior, technology, or infrastructure.

An Innovation Is a Product Perceived as New by a Potential