Examlex

Solved

Which of the Following Would Probably Not Be Required When

question 64

Multiple Choice

Which of the following would probably not be required when applying for a personal loan?


Definitions:

Compatibility

The degree to which two or more elements are able to exist or work together without conflict.

Discontinuous Innovation

A breakthrough product or service that significantly changes the market or how consumers interact with a market.

Categories Of Adopters

Categories of adopters refer to the classification of individuals within a market divided by how soon they adopt a new product or innovation, often outlined as innovators, early adopters, early majority, late majority, and laggards.

Laggards

In the context of marketing and innovation, individuals who are the last to adopt new products or technologies, often resistant to change.

Related Questions