Robin Recently Bought Voice Over Internet Protocol (VoIP)phone Service

question 131

Multiple Choice

Robin recently bought Voice over Internet Protocol (VoIP) phone service.A few of Robin's friends bought VoIP before she did,but many other friends were interested in Robin's opinions of the new phone service.Robin is a(n) __________ in this product category.

• A) innovator
• B) laggard
• C) late majority adopter
• D) early majority adopter
• E) early adopter

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Definitions:

Gross Pay

The total amount of an employee's earnings before any deductions are made, such as taxes and retirement contributions.

Biweekly Paycheck

A payroll schedule where employees receive wages every two weeks, resulting in 26 paychecks per year.

Checking Account

An account at a bank that allows a customer to deposit money and make withdrawals from the funds on deposit using a paper check or electronic transfer.

Flat Rate

A pricing strategy where a single fixed fee is charged for a service, regardless of usage or time.