Even If Products Succeed,not All Consumers Adopt New-To-The-World Products at the Same

question 47

True/False

Even if products succeed,not all consumers adopt new-to-the-world products at the same time.

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Definitions:

Entrepreneurs

Individuals who organize and operate businesses, taking on greater than normal financial risks in order to do so.

3 Fs

often refers to the informal investors in early-stage startups: friends, family, and fools, who provide initial capital.

Raise

The act of collecting or soliciting funds or resources, often for a business venture or project.

Due Diligence Period

A set timeframe during which detailed investigation and evaluation is conducted before entering into an agreement or transaction.