Examlex
For which of the following advertising communication tasks should the specified time period required be the longest?
Modify Existing Products
The process of making alterations or improvements to current products to meet new requirements or take advantage of new market opportunities.
New-to-the-world Products
Innovations that create an entirely new market by being the first of their kind.
Late Majority
The last group of buyers to enter a new product market; when they do, the product has achieved its full market potential.
Early Adopters
The second group of consumers in the diffusion of innovation model, after innovators, to use a product or service innovation; generally don’t like to take as much risk as innovators but instead wait and purchase the product after careful review.
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