Haim Is Passionate About New Technology and Embraces Products Relatively

question 144

Multiple Choice

Haim is passionate about new technology and embraces products relatively early in their life cycle. He is also community oriented, and his friends often check with him before making big purchases. What would Haim be classed as?

• A)an early adopter
• B)an innovator
• C)part of the early majority
• D)part of the late majority

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Definitions:

Wages and Salaries

Payments made to employees for their services within a specific time period, including both hourly wages and fixed salaries.

Activity Variance

The difference between actual activity levels and planned or standard activity levels, often analyzed in budgeting and performance management.

Budgeting

The process of creating a plan to spend your money, outlining projected income and expenses over a specific period.

Actual Results

The genuine outcomes of a business's operations, such as actual sales, expenses, or profit, as opposed to forecasts or estimates.