Robin recently bought Voice over Internet Protocol (VoIP) phone service. A few of Robin's friends bought VoIP before she did, but many other friends were interested in Robin's opinions of the new phone service. Robin is a(n) ________ in this product category.
A. innovator
B. late majority adopter
C. laggard
D. early majority adopter
E. early adopter
Answer: E
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Which of the following is recorded under the liabilities side of a bank's balance sheet?
A. Transaction deposits B. Securities C. Reserves D. Loans
Which of the following is not an example of a full-service supplier (Figure 1.4 in the text)?
A) syndicated services B) customized services C) Internet services D) analytical services
Which of the following statements is true of the idea generation stage in the new product development process?
A) The purpose of idea generation is to reduce the number of ideas to the least possible number. B) Truly innovative companies rely exclusively on a single source for new product ideas. C) Customers are the least important sources of new product ideas. D) Truly innovative companies develop extensive innovation networks that capture ideas and inspiration from every possible source. E) Truly innovative companies seldom rely on customers and the general public for ideas.
In the financial statements, the balance of the Petty Cash account and the balance of the Cash account are shown separately
Indicate whether the statement is true or false