When the Personal Computer Was First Introduced, Industry Analysts Predicted

question 198

Multiple Choice

When the personal computer was first introduced, industry analysts predicted that very few would be sold.However, a short time after the product was made available, consumers who were young, highly educated, adventuresome, and who were well informed began buying personal computers.While those buyers were relatively few in number, the marketers of computers were encouraged because other, less adventuresome consumers would likely adopt personal computers later.According to the product adoption classification, those first buyers of personal computers were

• A)early adopters.
• B)early majority.
• C)innovators.
• D)product leaders.
• E)diffusion leaders.

Calculate the beginning and ending inventories for various stages of production.

Understand cost behavior and how costs are affected by changes in activity level.

Identify costs as direct or indirect relative to a specific cost object.

Analyze the financial impact of different business decisions.

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Definitions:

Accepted Standards

Widely recognized and acknowledged rules or criteria within an industry or professional practice.

Social Responsibility

The obligation of an organization to act in ways that benefit society at large, beyond its own interests and legal requirements.

Positive Impact

A beneficial effect or outcome resulting from a particular course of action, often used in the context of social and environmental changes.

Negative Impact

Negative Impact refers to the adverse effects or harm that an action, policy, or event can have on individuals, communities, the environment, or the economy.