Which of the Following Terms Can Be Best Defined as Buyers

question 119

Multiple Choice

Which of the following terms can be best defined as buyers who want to be the first to have a new product or service?

• A)Lead users
• B)Laggards
• C)Early adopters
• D)First movers
• E)Innovators

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Definitions:

Prospectus

A formal document that companies must file to offer investment securities to the public, detailing the offering and associated risks.

Reinvesting Profits

The practice of using earned profits to invest back into the business to promote growth and development.

Declare Dividends

The action by a company's board of directors to distribute profits to shareholders.

Par Value

The face value of a bond or stock as set forth in its certificate.