5
Arrange in the correct order the steps of Innovation Adoption Model in context of adoption of new product.
(A) . Evaluation
(B) . Awareness
(C) . Purchase
(D) . Trial
(©). Interest
Choose the correct answer from the options given below:
EXPLANATION
Agribusiness Marketing Strategy
- Innovation Adoption Process:
- Formulated by Everett M. Rogers (Diffusion of Innovations, 1962), the classical individual adoption process describes the five sequential stages a consumer passes through when adopting an innovation:
- Awareness: The individual is exposed to the innovation but lacks detailed information.
- Interest: The individual becomes interested and actively seeks further information.
- Evaluation: The individual mentally assesses the merits, costs, and applicability of the innovation to their specific situation.
- Trial: The individual tests the innovation on a small scale to verify its actual utility and reduce uncertainty.
- Purchase (Adoption): The individual makes full-scale, regular, ongoing use of the innovation.
- Correct Sequential Order: (B), (E), (A), (D), (C), corresponding to Option 1.
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