Both Innovators and Early Adopters Are Customers in the Market

question 60

True/False

Both innovators and early adopters are customers in the market while the industry is in its embryonic stage.

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Definitions:

Adaptive Mechanisms

Psychological strategies used by individuals to adjust to their environment and mitigate stress.

Family Structures

The various forms and configurations of family units in society, including nuclear families, extended families, and other arrangements.

Infant Mortality Rates

The statistical measure of the number of deaths of infants under one year of age per 1,000 live births.

Unemployment

The state of being without a job despite being willing and able to work.