Cooperation with Lead Users Is a Useful Tool of Innovation

question 12

Multiple Choice

Cooperation with lead users is a useful tool of innovation management because:

• A)Lead users set the trend for the mass market
• B)Due to their price insensitivity,lead users tend to be the most profitable customers
• C)Lead users provide both information feedback and revenues that can assist ongoing product development
• D)Because lead users are so discerning,they have a key role in providing both discipline and incentives

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Definitions:

Agricultural Products

Goods derived from farming and agriculture, including crops, livestock, and other primary products.

Environmentalists

Individuals or groups advocating for the protection of the environment against pollution and degradation.

Price Supports

Government interventions to maintain the market price of a commodity at a certain level by purchasing excess supply, providing subsidies, or imposing import restrictions.

Subsidies

Financial aid provided by the government to support a specific economic activity or sector.