The __________ Are 3-5% of Consumers Who Like to Try

question 48

Multiple Choice

The __________ are 3-5% of consumers who like to try new ideas and are willing to take risks.They tend to be relatively educated, and capable and confident in assessing information about a product on their own.

• A) early adopters
• B) innovators
• C) early majority
• D) laggards

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Definitions:

Accrual of Earnings

The accrual of earnings refers to the recognition of revenues and expenses when they are earned or incurred, regardless of when cash transactions occur.

Dividends

Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits, reflecting the shareholders' ownership in the company.

Equity Method

An accounting technique used by a company to record its investment in another company, where the investment represents a significant influence over the investee.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after elimination of inter-company transactions and accounts.