Aqua Technologies Corp

question 107

Multiple Choice

Aqua Technologies Corp. was the first company to utilize a new device developed by Signal Master Innovators Inc. that enabled Aqua to locate previously undetected aquifers that can be tapped as water sources. Aqua Technologies tested the device and provided a testimonial to other organizations about the product. However, the other organizations were hesitant and decided to wait until the product was proven reliable. In this case, Aqua Technologies can be classified as

• A)an innovator.
• B)a late adopter.
• C)part of the early majority.
• D)part of the late majority.
• E)a laggard.

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Definitions:

Fixed Operating Costs

Fixed operating costs refer to expenses that do not change in proportion to business activity levels, such as rent, salaries, and insurance premiums.

Earnings Before Interest And Taxes

A measure of a company's profitability that includes income before the deduction of interest payments and taxes.

Sales Revenue

The income received by a company from its sales of goods or the provision of services, before any expenses are deducted.

Earnings Before Interest And Taxes

A financial performance measure that calculates a company's profitability before deductions for interest and taxes.