As a Generalization, the Profile of Innovators Includes All of These

question 9

Multiple Choice

As a generalization, the profile of innovators includes all of these characteristics EXCEPT:

• A) they are innovators in most product areas
• B) they are socially active
• C) they tend to have more favourable attitudes towards taking risks
• D) they are likely to have high incomes
• E) they are likely to have high educational levels

---

Definitions:

Accounts Payable

The amount of money a company owes to its creditors or suppliers for goods and services received but not yet paid for.

Balance Sheet

A financial statement that summarises a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into its financial position.

Ending Inventory

The value of goods available for sale at the end of an accounting period, crucial for calculating cost of goods sold and gross profit.

Pretax Income

The income that a company earns before tax expenses are deducted, often referred to as earnings before tax (EBT).