Who Among the Following Can Be Regarded as a Laggard

question 65

Multiple Choice

Who among the following can be regarded as a laggard according to the diffusion of innovation theory?

• A)Natalie, who buys products after carefully reviewing the benefits of these products
• B)Albert, who is tech savvy and owns most of the new gadgets released in the market
• C)Emily, who still listens to songs on cassette tapes despite the advent of CDs and MP3s
• D)Harris, who buys products after a few months of their release to obtain discounts on the products owing to competition in the market
• E)Taylor, who buys products because the majority of his friends already own them

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Definitions:

Tax Return

A form or forms filed with a taxing authority that report income, expenses, and other pertinent tax information, used to calculate tax liability.

Forgiveness Of Loan Repayment

A situation where a lender decides not to require the borrower to repay some or all of an outstanding loan, potentially resulting in taxable income for the borrower.

Income

Income refers to the money received by a person or organization for work, from investments, or from various other sources.

Borrower

An individual, organization, or entity that receives funds from another under the condition of returning the funds, typically with interest, over a period of time.