Who Among the Following Is Most Likely to Fall Under

question 75

Multiple Choice

Who among the following is most likely to fall under the category of laggards in the context of customer groups?

• A)Martha is tech-savvy and tends to actively seek out for new and innovative products in the market.
• B)Philip appreciates technology but tends to refrain from trying products that are extremely new.
• C)Allan is ignorant about the newest uses of technology and buys new products only when they become an absolute necessity.
• D)Rebecca is aware about the value that technology offers; she tends to weigh costs and benefits of a product before making a buying decision.
• E)Arnold tends to be a little apprehensive about buying new technology but buys nevertheless when he observes that a lot of people are using the new technology.

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Definitions:

Breach Of The Peace

An act that disturbs public tranquility or order.

Repossession

The process by which a creditor takes back property from the borrower due to failure to meet the repayment terms of the loan.

Purchase-Money Security Interest

A legal claim granted to lenders over items purchased, serving as collateral for the loan used to purchase the goods.

Possession Of Collateral

Holding or control over property or assets pledged as security for a loan or obligation.