Which of the Following Best Describes Late Majority

question 71

Multiple Choice

Which of the following best describes late majority?

• A)They are the first to try new products and ideas.
• B)They listen to and follow the opinion of leaders.
• C)They are skeptical to changes and new ideas.
• D)They are the leaders whom others listen to and understand the need for change.

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Definitions:

Global Market Entry

Strategies and methodologies businesses use to enter international markets, including exports, franchising, and direct investment.

Frito-Lay's

A subsidiary of PepsiCo that manufactures and sells a wide range of snack foods including chips and crisps.

Licensing

Involves granting permission to an individual or entity to use intellectual property, such as patents, trademarks, or technology, under agreed terms and conditions.

Low-Risk

Pertains to investments or decisions that have a relatively small chance of resulting in financial loss or negative outcomes.