Finland-Based Rapala VMC Corporation Is the World's Largest Fishing Lure

question 148

Multiple Choice

Finland-based Rapala VMC Corporation is the world's largest fishing lure manufacturer.It developed its first fishing lure-a cigar-shaped minnow-in 1962.The annual market for fishing lures in terms of retail sales is approximately $600 million.Rapala VMC garnered one-third of that amount in 2003.New lures must be introduced each year in order to stay competitive in this industry.Like other lure manufacturers,Rapala focuses on two questions in developing and making new lures: Does it work,and does it look good? Developing a new lure takes two or three years and involves extensive field testing by tournament professionals and fishing guides.At the annual fishing industry trade show in 2008,Rapala unveiled the "dream lure for the 21st century."
-Refer to Rapala VMC Corporation.Because buyers of fishing lures want to have the newest,most technologically improved lure,which category of adopters would most of Rapala's customers more than likely fall into?.

• A)prompt diffusers
• B)early adopters
• C)innovators
• D)early majority

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Definitions:

Lurker

An individual who observes or reads discussions on online platforms or forums without actively participating or contributing.

Soccer Enthusiasts

Individuals who show a strong interest or passion towards soccer, either as spectators, players, or followers of the sport.

Participation Level

The degree or extent to which an individual or group engages in a particular activity or process.

Online Community

A group of individuals who interact with each other via the internet, sharing interests, goals, or purposes, and often forming a social network.