Adopter Categories Are Classifications of Individuals Within a Market on the Basis

question 80

Multiple Choice

Adopter categories are classifications of individuals within a market on the basis of their innovativeness.Recently Apple introduced the iPhone for which people waited in long lines before the doors opened.According to experts these 2.5% of people who bought the iPhone are categorized as:

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

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Definitions:

Eligibility Requirements

Specific criteria or conditions that must be met in order to qualify for a position, status, or benefit.

Needy Americans

Individuals or groups within the United States who are in significant need of basic necessities, including food, shelter, and healthcare, often due to poverty or economic hardship.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.