Which Group of Adopters Base Buying Decisions on Intuition About

question 26

Multiple Choice

Which group of adopters base buying decisions on intuition about the value of new products and do not require much information to make purchasing decisions?

• A) Middle Majority.
• B) Early Adopters.
• C) Early Majority.
• D) Late Majority.
• E) Laggards.

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Definitions:

Economic Determinism

The theory that economic forces and material interests shape societal structures, values, and practices.

Scientific Method

A systematic procedure for collecting and analyzing evidence crucial in the advancement of science, involving observation, hypothesis formulation, experimentation, and conclusion.

Positivism

A philosophical system recognizing only that which can be scientifically verified or which is capable of logical or mathematical proof, thus rejecting metaphysics and theism.

World-Systems Theory

World-Systems Theory is a sociological perspective that analyzes societies in terms of the global economic system, focusing on the hierarchy of countries as core, semi-periphery, and periphery.