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:

Fabrication Department

A specialized division within a company where raw materials are converted into components or products through various processes.

Assembly Department

A segment within a manufacturing facility where components are assembled into final products or where significant assembly work takes place.

Allocation Bases

Criteria or methods used for distributing indirect costs to different products, services, or departments based on predefined factors such as labor hours, machine hours, or material costs.

Direct Labor Hours

Measures the total hours worked by employees directly involved in the production process, used for calculating labor costs and efficiency.