Jeremy Is Interested in Buying a Phone That Has a Music

question 66

Multiple Choice

Jeremy is interested in buying a phone that has a music player and provides access to the Internet.After doing a detailed analysis of all the phones in the market that offer these features, he decides to buy a recently released model.Which of the following groups of buyers best represents Jeremy's buying behaviour?

• A)Innovators
• B)Early adopters
• C)Laggards
• D)Early majority
• E)Late majority

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Definitions:

Accrued Liabilities

Obligations that a company has incurred but not yet paid for, recognized in accounting to match expenses with the revenues they help to generate.

Indirect Method

A cash flow statement preparation approach that starts with net income and adjusts for non-cash transactions and changes in working capital.

Marketable Securities

Financial instruments that are easily convertible into cash and may include stocks, bonds, and Treasury bills.

Investing Activities

Transactions involving the acquisition or disposal of long-term assets and investments, as reported in a company's cash flow statement.