In the Adopter Categories,the Final 16 Percent to Adopt Are

question 11

Multiple Choice

In the adopter categories,the final 16 percent to adopt are similar to innovators in that they do not rely on the norms of the group but are independent because they are tradition-bound.They tend to have the lowest socioeconomic status,are suspicious of new products,and are alienated from a rapidly advancing society.They are called:

• A) generics
• B) late majority
• C) decliners
• D) laggards
• E) late diffusers

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Definitions:

Financial Lease

A long-term lease agreement where the lessee assumes the risks and rewards of ownership, often with the option to purchase the asset at the end of the lease term.

Lessor

A person or entity that owns an asset and leases it to another party (lessee) under a lease agreement.

Lessee

The party in a lease agreement who has the right to use the property, plant, or equipment leased from the lessor for a specified period.

Sale and Leaseback

A financial transaction where the owner sells an asset and immediately leases it back from the buyer, often used in real estate.