Depending on the Length of Time It Takes Them to Adopt

question 46

Multiple Choice

Depending on the length of time it takes them to adopt a new product, people can be divided into five major adopter categories: early adopters, early majority, late majority, laggards, and

• A) late adopters.
• B) non-adopters.
• C) innovators.
• D) middle adopters.
• E) middle majority.

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Definitions:

Operating Activities

Activities that constitute the primary or main activities of a business, such as selling goods or providing services.

Cash Collections

Cash collections involve the process of gathering all payments or receipts in cash form, typically from customers or clients.

Indirect Method

A method for preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.

Operating Activities

Transactions and events that relate to the primary operations of a company, such as sales, purchases, and expenses.