Jamie Waits to Buy a Blu-Ray Player Until More Than

question 81

Multiple Choice

Jamie waits to buy a Blu-ray player until more than half of the population has already adopted the technology, mostly because he is skeptical of new technologies and is waiting for the price to fall. He is best categorized as a member of the:

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

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Definitions:

Purchase

The action of acquiring goods or services in exchange for money, constituting a basic activity in commerce and trade.

CiCi's Pizza

A chain of American buffet restaurants specializing in pizza, offering various types of pizza, pasta, salads, and desserts.

All-You-Can-Eat

All-You-Can-Eat offers patrons the ability to consume as much food as they desire for a fixed price, commonly found in restaurants and buffets.

Need

A requirement essential for an organism to live a healthy life, or in a business context, a demand that drives consumer behavior or market trends.