The Diffusion of Innovation Theory Has Several Different Stages of Adoption

question 20

Multiple Choice

The Diffusion of Innovation theory has several different stages of adoption , match each stage with the corresponding definition:
-Laggards

• A)Individuals that seek out the latest technology, product or activity.
• B)Individuals that like innovation, but are not the first in line at the store.
• C)Individuals that wait until they receive some external motivation before getting involved in the change.
• D)Individuals that are not willing to make any change until most people have made the change; they have a 'wait and see' attitude towards change.
• E)Individuals that are last to buy into the change in spite of constant exposure or that have limited access to the typical communication networks.

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Definitions:

Credits Account

A financial record that boosts a liability or equity account, or lowers an asset or expense account.

Drawee

The party in a bill of exchange who is directed to pay the specified amount, typically a bank.

Co-signer

An individual who signs a loan or credit application with another person, promising to pay the debt if the primary borrower does not.

Drawer

In financial transactions, the person who writes or the entity issuing a bill of exchange, cheque, or draft.