To Which Customer Groups Does the Entrepreneur Have Trouble Selling

question 10

Multiple Choice

To which customer groups does the entrepreneur have trouble selling enough to make the business worthwhile?

• A) Innovators and Early Majority
• B) Early Majority and Late Majority
• C) Innovators and Early Adopters
• D) Early Adopters and Late Majority
• E) None of the Above

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Definitions:

Domestic Consumers

Households or persons in a country acquiring goods and services for individual use.

Domestic Producers

Businesses or individuals within a country that produce goods or services.

Exports

Goods and services sold by a country to other countries.

Domestic Price

The cost of goods and services within a country, affected by local economic factors such as inflation, taxation, and supply and demand.