Which of the Following Statements Is True in the Context

question 66

Multiple Choice

Which of the following statements is true in the context of growing industries?

• A)Innovators and early adopters have the same customer needs as the early majority.
• B)Innovators and early adopters are typically reached through specialized distribution channels.
• C)Reaching the early majority seldom requires advertising and is usually achieved through word of mouth.
• D)Companies serving innovators need to have large-scale mass production and very low prices.
• E)Companies competing in an embryonic market typically pay more attention to increasing the reliability of a product than to its performance.

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Definitions:

Experiment

A procedure carried out under controlled conditions to discover an unknown effect or law, to test or establish a hypothesis, or to illustrate a known law.

Simple Event

In probability, a single outcome of an experiment or a situation where there is no combination of outcomes involved.

Event

An occurrence or outcome in a statistical experiment or study that can be distinctly identified.

Probability

A measure of the likelihood that an event will occur, often quantified as a number between 0 and 1.