The social system serves as the boundary within which the diffusion of a new product is examined.

Question

Quizplus · Accepted Answer

The social system, which includes cultural, economic, and demographic factors, plays a crucial role in determining the acceptance and diffusion of a new product. It sets the boundaries for the market and influences consumer behavior, attitudes, and norms related to the product. Therefore, understanding the social system is essential for successfully introducing innovative products and gaining market share.

The Social System Serves as the Boundary Within Which the Diffusion