Regarding Adopter Groups, Which of the Following Statements Is TRUE

question 324

Multiple Choice

Regarding adopter groups, which of the following statements is TRUE?

• A) Innovators rely on the mass media and salespeople.
• B) The early majority usually aren't opinion leaders.
• C) Laggards rely primarily on opinion leaders.
• D) Early adopters make little use of salespeople.
• E) The late majority make the most use of salespeople.

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Definitions:

Competitive Markets

Markets characterized by a large number of buyers and sellers, where no single entity controls the market prices.

Resource

Any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit, including natural resources, human resources, and financial resources.

Interest Rate

It represents the cost of borrowing money or the reward for saving, crucial for personal finance and economic policy decisions.