Iris Is Quite Skeptical About New Innovations and Is Most

question 10

Multiple Choice

Iris is quite skeptical about new innovations and is most likely to adopt something new only after experiencing peer pressure to adopt the new innovation.However,she is not so risk averse that she will wait until all uncertainty of a new technology has been resolved; she is willing to accept a little uncertainty if her peers already use the product.Which of the following adopter categories does Iris belong to?

• A) Early adopters
• B) Innovators
• C) Late majority
• D) Laggards

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Definitions:

Joint Arrangements

Accounting term for arrangements between two or more parties who undertake an economic activity that is subject to joint control.

Equal Interests

A term usually indicating that all parties involved have the same level of stake or share in an asset, liability, or agreement.

Joint Control

The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control.

Manage Risks

The process of identifying, assessing, and controlling threats to an organization's capital and earnings.