Cooperation with Lead Users Is a Useful Tool of Innovation

question 7

Multiple Choice

Cooperation with lead users is a useful tool of innovation management because:

• A)Lead users set the trend for the mass market
• B)Due to their price insensitivity,lead users tend to be the most profitable customers
• C)Lead users provide both information feedback and revenues that can assist ongoing product development
• D)Because lead users are so discerning,they provide both discipline and incentives

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Definitions:

Composition

The operation of applying one function to the result of another to produce a third function.

Function

An arrangement between inputs and a cadre of sanctioned outputs, in which every input is designated a specific output.

Inverse Function

An inverse function reverses the operation of the original function, mapping the output back to its input.

Function

An alliance between a compilation of inputs and a list of legitimate outputs, where it's mandated that each input is attributed to only one output.