Describe the five adopter groups in terms of their values
What will be an ideal response?
• Innovators — venturesome, like new ideas, risk takers, cosmopolitan
• Early adopters — respected, opinion leaders, balanced risk takers
• Early majority — deliberate, adopt ides before the majority, respond to opinions of others
• Late majority — skeptical, only adopt an innovation with the weight of the majority
• Laggards — traditional, slow to adopt
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Concerning the influence that transportation costs have on the location of industry, which of the following industries is likely to have the greatest profit gain by locating the production facilities close to resource supplies?
a. autos b. steel c. soft drinks d. valuable electronics goods
With a level capacity plan, ______.
A. the company produces on a given day what is demanded on that day B. the company produces at a steady rate and stores inventory C. the firm may experience fluctuations in employment D. the firm has low revenue margins due to high per-unit costs
According to the chapter, which of the following is a strategic consideration for virtual meetings?
A. physical facilities B. cultural similarity C. technological adequacy D. disruptions
In order to perform cost-volume-profit analysis, a company must be able to identify its variable and fixed costs.
Answer the following statement true (T) or false (F)