Describe the cluster of users with regard to their attitude toward new technology
What will be an ideal response?
1. Innovators avidly embrace new technologies and are constantly clamoring for access to the latest and greatest technology.
2. Early adopters are the first set of customers to adopt a new technology.
3. Early majority is ready to use new technology but needs some help in getting it set up and started.
4. Late majority is seriously skeptical of the new technology being worthwhile and worth the cost.
5. Technically averse has strong concerns about loss of privacy, security, control, and exposure to competition, so they fail to see any advantage of the new technology.
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The total cost for each time unit of a project is the sum of labor, materials, and equipment.
Answer the following statement true (T) or false (F)
To reduce inventory management costs, many companies use a system called ________, which involves having goods delivered exactly when they are needed
A) reduction-inventory management B) just-in-time inventory management C) limited inventory logistics D) supply chain management E) economic order quantity
In the case of necessaries, the intoxicated individual is not allowed to disaffirm, but is held liable for the reasonable value of such items
Indicate whether the statement is true or false
The public duty doctrine was created in the Federal Tort Claims Act
a. True b. False