Firms That Invest in the Latest Technology, Either to Use

question 60

Multiple Choice

Firms that invest in the latest technology, either to use in their new products or services or to make the firm more efficient, are considered:

• A)first movers.
• B)innovators.
• C)lead users.
• D)laggards.
• E)early adopters.

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Definitions:

Plaintiff

A Plaintiff is an individual or legal entity that brings a lawsuit against another in a court of law, alleging harm or wrongdoing by the defendant.

Demurrer

A motion for dismissal of a case on the grounds that a plaintiff has failed to state a claim for which relief can be granted.

Affirmative Defense

A set of circumstances that indicates that a defendant should not be held liable, even if the plaintiff proves all of the facts in a complaint.

Assumption of the Risk

A legal doctrine where an individual knowingly and voluntarily assumes the risk of an activity, thereby reducing the liability of others.