Robin Recently Bought Voice Over Internet Protocol (VoIP) Phone Service

question 113

Multiple Choice

Robin recently bought Voice over Internet Protocol (VoIP) phone service. A few of Robin's friends bought VoIP before she did, but many other friends were interested in Robin's opinions of the new phone service. Robin is a(n) __________ in this product category.

• A) innovator
• B) laggard
• C) late majority
• D) early majority
• E) early adopter

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Definitions:

Growth Rate

The measure of an entity's increase in size, value, or quantity over a specific period, often expressed as a percentage.

Excess Capacity Scenario

A situation where a company can produce more goods or services than currently demanded because of available resources exceeding production requirements.

Sales Increase

The rise in the amount of goods or services sold by a company within a specific period.

Capacity Level

The maximum output or production level that a facility, plant, or business can achieve under normal operations.