Which of the Following Is the Correct Sequence of New

question 128

Multiple Choice

Which of the following is the correct sequence of new product adopters in the diffusion of innovation curve?

• A) innovators,early adopters,early majority,late majority,laggards
• B) early adopters,early majority,innovators,late majority,laggards
• C) innovators,early majority,early adopters,innovators,late majority,laggards
• D) early majority,late majority,early adopters,Innovators,laggards
• E) innovators,late majority,early adopters,early majority,laggards

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Definitions:

Cost-Efficient Formula

A method or calculation designed to minimize expenses while maximizing output or effectiveness, achieving an optimum balance between cost and performance.

Competitors

Other businesses or individuals that offer similar products or services and vie for the same customers or market share.

Focused Differentiation Strategy

A business approach where a company offers unique products or services to a specific, narrow target market.

Competitive Advantage

A condition or circumstance that places a company or entity in a favorable or superior position relative to competitors.