Which of the Following Is Not True of Laggards or Non-Adopters

question 10

Multiple Choice

Which of the following is not true of laggards or non-adopters?

• A) Laggards or non-adopters are usually the smallest businesses with the least specialization.
• B) Laggards or non-adopters tend to be older and less well educated.
• C) Laggards or non-adopters rely mainly on other laggards for information.
• D) Laggards or non-adopters are suspicious of new ideas.
• E) Laggards or non-adopters are likely to be mobile and have contacts outside their social group.

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Definitions:

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, crucial in discounting and investment decision making.

Compounded Annually

A method of calculating interest where the accumulated interest is added to the principal at the end of each year, thereby earning interest in subsequent years.

Present Value

The calculated worth today of a future monetary sum or repetitive cash flows, utilizing a predetermined return rate.

Semiannual Interest

Interest that is calculated and paid twice a year, often used in bond and loan agreements.