BUISENESS MANAGEMENT
MERCHANDISING
Question
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Detailed explanation-1: -A trickle-down effect refers to the impact from an upper layer technology to a lower layer technology in a technology ecosystem, consistent with a similar definition in economics [11].
Detailed explanation-2: -The theoretical model of UTAUT suggests that the actual use of technology is determined by behavioural intention. The perceived likelihood of adopting the technology is dependent on the direct effect of four key constructs, namely performance expectancy, effort expectancy, social influence, and facilitating conditions.
Detailed explanation-3: -A modern example of trickle-down distribution is the way social medial influencers on sites like Instagram set fashion trends; sometimes with a single post.
Detailed explanation-4: -Three theories of technoiogy and innovation; the product-process concept, the meta-learning concept, and the concept of technological interdependence, are used to relate technology and innovation to strategic management.