A Good or a Service Will Likely Fail to Be

question 2

Multiple Choice

A good or a service will likely fail to be profitable if which adopter does not purchase the product?

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

Recognize the strengths and limitations of the trait approach in leadership.

Grasp the concept of situational factors versus traits in determining leadership effectiveness.

Understand the importance of benchmarking leadership traits for personal development.

Learn about major leadership theories and their relation to trait theory.

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Definitions:

Geographic Targeting Strategy

A marketing approach that entails selecting market segments based on their geographic location to tailor marketing efforts and products to local preferences or needs.

Differentiated

The strategy of making a product or service stand out from competitors through distinctive qualities or features.

Concentrated

Focusing resources or efforts on a limited area or segment, often to achieve a more significant impact or deeper understanding.

Niche

A specialized segment of the market for a particular kind of product or service.