According to the Adopter Categories of Diffusion of Innovation,laggards

question 62

Multiple Choice

 According to the adopter categories of diffusion of innovation,laggards:

• A) are fearful of debt, but may eventually purchase a well-established brand.
• B) are the first to purchase a product through early-bird promotional offers.
• C) are the first to buy a new product as a result of their own interest in the latest goods.
• D) are most likely to begin buying new goods if the experience of innovators is favorable.

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Definitions:

Direct Labor-Hours

Total working hours of employees directly taking part in the production operation or service provision.

Manufacturing Overhead

Refers to all the indirect costs associated with manufacturing, beyond direct labor and materials, such as utilities and rent for the manufacturing space.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, calculated based on estimated overhead costs and an allocation base such as direct labor hours.

Machine-Hours

An indicator reflecting the duration of machinery utilization during the manufacturing process, commonly employed in the distribution of manufacturing overhead expenses.