Exam 15: Innovations: Adoption, Resistance, and Diffusion

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Consumers are often more uncertain about the usefulness of a discontinuous (vs. a continuous) innovation.

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In the context of innovation, discuss the five consumer adopter categories and their characteristics.

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A discontinuous innovation is defined as:

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Jonathan always wore horned-rimmed glasses when he was in school and was always ridiculed because of them. However, in college, he was praised for his smart and intelligent looking glasses even though he wore the same kind of glasses. Horned- and wire-rimmed glasses were considered old-fashioned until they became associated with intellectualism in the 1980s. From the above scenario, it can be understood that when Jonathan entered college his glasses were perceived as a symbolic innovation because:

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Which of the following is true of a dynamically continuous innovation?

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A _____ is a successful innovation with a lengthy product life cycle.

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Discuss innovations from a marketing viewpoint.

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A _____ is a successful innovation that has a very short product life cycle.

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The _____ are pragmatists, seeking innovations that offer incremental, predictable improvements on an existing technology.

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Product diffusion and the product life cycle are related but different concepts.

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Discuss and give examples of the two types of diffusion curves.

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Which of the following is true of innovators?

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Legitimacy of an innovation refers to the legality of its channels of distribution.

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Which of the following is true of symbolic innovations?

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Which of the following characteristics of a social system could result in the slowing of an innovation's diffusion?

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Consumers perceive that an innovation has value if it offers greater perceived benefits or lower perceived costs than existing alternatives do.

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Explain the potential benefits of cocreation in innovation.

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Identify the influences on the rates of diffusion of an innovation.

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Trackanddeliver.com is an online retail store that does not require a fixed delivery location and delivers goods to the current location of the customer by tracking the customer's cell phone location. This way customers need not be at home when a package arrives nor have the package delivered to a neighbor. In this scenario, Trackanddeliver.com is considered as a _____.

(Multiple Choice)
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The _____ starts out quickly, with a large percentage of the market purchasing as soon as possible.

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