In the Video Game Console Industry,Magnitude Was the First Firm

question 31

Multiple Choice

In the video game console industry,Magnitude was the first firm to introduce a console in the market.However,consumers were uncertain about the product,and its high costs discouraged consumers from purchasing it.Eventually,Magnitude withdrew the product from the market.A few years later,Mantel and Adventura came up with their respective gaming consoles and successfully established their products.Mantel and Adventura will be considered as:

• A) pioneers.
• B) early followers.
• C) laggards.
• D) late movers.

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Definitions:

Social Learning Theory

A theory that suggests individuals learn behaviors, attitudes, and emotions through observing and imitating others, as well as through direct experience and reinforcement.

Gender Development

The process by which individuals become aware of their gender and acquire the norms, roles, and behaviors considered appropriate for their gender in a given culture or society.

Prenatal Development

The sequence of maturation and evolution inside the uterus from the moment of conception until delivery.

Cognitive Development

The process of growth and change in intellectual capabilities, influencing how one perceives, thinks, and understands the world.