When John began helping his favorite uncle Burton with his finances, he discovered his uncle was still renting a rotary-dial telephone from the phone company. Uncle Burton had paid thousands of dollars in rental fees over the previous 40 years. Uncle Burton is a(n) ________ in the diffusion of innovation process for telephones.

A. early majority
B. innovator
C. laggard
D. late majority
E. early adopter


Answer: C

Business

You might also like to view...

The impact of advertising is difficult to measure because consumers may change their minds concerning which brand to buy while they are in the store

Indicate whether the statement is true or false

Business

Poor supplier selection is an example of what type of project risk?

a. External b. Operational c. Cost d. Schedule

Business

How many ideas should be developed in a paragraph?

A) Two B) Three to five C) One D) As many as needed to convey effective meaning

Business

Deanne contracts with Leonard to paint her barn in two weeks. If Leonard breaches the contract, Deanne can elect the remedy of damages or the remedy of injunctive relief to prevent Leonard from providing his painting services for anyone else until he paints her barn

a. True b. False Indicate whether the statement is true or false

Business