Why are most consumers characterized as early or late majority adopters?

What will be an ideal response?


Approximately 68 percent of consumers are early or late majority adopters. Early majority consumers take more time making a decision on purchasing a new product and collect more information than innovators and early adopters when making their decision. Late majority adopters rely on others (innovators and early adopters) for information when making their decision. Both of these adopter types have a longer consumer decision-making process, and acquire more information, especially seeing others purchase and use a new product, before making the purchase decision.

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A favorable business climate in facility location decision making might include local government providing basic skill training for prospective members of the workforce.

Answer the following statement true (T) or false (F)

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Taylor gives a power of attorney to his twin brother Corey, permitting Corey to make all decisions on his behalf while he is abroad

Per the terms of the power of attorney, Corey is allowed make decisions to buy or sell stocks on Taylor's behalf, sell Taylor's real estate if he deems it to be in Taylor's best interest, pursue or defend lawsuits on Taylor's behalf, and make all other relevant decisions for Taylor. What kind of power of attorney would confer such powers to Corey? A) a special power of attorney B) a limited power of attorney C) an implied power of attorney D) a general power of attorney

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Exhibit 16-1The Zeller Corporation's stockholders' equity accounts have the following balances as of December 31, 2016: Common stock, $10 par (30,000 shares issued and outstanding)$ 300,000 Additional paid-in capital2,000,000 Retained earnings 5,700,000 Total stockholders' equity$8,000,000 ? Refer to Exhibit 16-1. On January 2, 2017, the board of directors of Zeller declared a 5% stock dividend to be distributed on January 31, 2017. The market price per share of Zeller's common stock was $30 on January 2 and $32 on January 31. As a result of this stock dividend, the retained earnings account should be decreased by

A. zero; only a memorandum entry is required. B. $15,000. C. $45,000. D. $48,000.

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An organization with a product innovation competitive advantage would likely seek a core workforce of research and development employees who have

A. an entrepreneurial mindset. B. a shorter-term focus. C. a low tolerance for ambiguity. D. conservative values. E. a high aversion to taking risks.

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