Adopter Categories Are Classifications of Individuals Within a Market,based on Their

question 35

Multiple Choice

Adopter categories are classifications of individuals within a market,based on their innovativeness.When Apple introduced the Apple watch people waited in long lines before the doors opened.According to experts,those people can be categorized as:

• A)early adopters.
• B)innovators.
• C)early majority.
• D)late majority.
• E)laggards.

---

Definitions:

Planning Budget

A budget designed at the beginning of a period, reflecting expected incomes and expenses based on forecasted operations.

Wells Serviced

The number of oil, gas, or water wells maintained, repaired, or serviced within a specific timeframe.

Servicing Materials

Raw materials or supplies used in the upkeep or maintenance of equipment or facilities.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, helping businesses plan for various levels of performance.