Which of the following groups of adopters of a new technology is exemplified by Sharp Perspectives Corp.?
Scenario A. Business Breakthroughs Inc. has come up with a new technology to make organizational processes easier, and the company promotes it to other organizations. Sharp Perspectives Corp. is a fast-growing organization that is willing to try Business Breakthroughs' new technology. Prince Mechanical Systems Corp. has been going through a difficult period and therefore adopts the technology out of economic necessity to improve its operations. Prep Teams Inc. feels that the new technology has nothing to offer and therefore chooses not to adopt it. Business Breakthroughs is concerned about Backdoor Creations Corp.'s opinion on the new technology because Backdoor Creations is a leading organization to which others look for ideas and technological information.
A) laggards
B) the late majority
C) the early majority
D) early adopters
E) innovators
E) innovators
The adopters of a new technology fall into five groups. The first group of adopters consists of the innovators. Innovators are adventurous and willing to take risks. They are willing to pay a premium for the latest and newest technology or product. Sharp Perspectives is an innovator.
You might also like to view...
Which of the following is an advantage of a general partnership when compared to a corporation?
a. A partnership is more likely to have a positive net income. b. The partnership is relatively inexpensive to organize. c. Creditors to a partnership cannot attach personal assets of partners. d. The partnership usually hires professional managers.
Which of the following is not an example of intertype competition?
A. An American Eagle store and a Macy's store B. A supercenter and a pharmacy C. A coffee shop and a fast food restaurant D. A Target store and a Walmart store E. A supermarket and a fresh flower stand
Which of the following statements is true of financial and managerial accounting?
A) Both use historical costs as their primary unit of measurement. B) Both depend on the double-entry system of accounting. C) Both require adherence to generally accepted accounting principles. D) Both assist managers in decision making.
A firm's competitive strategy leads it to decide if it can grow and if not, how to survive through stability or retrenchment.
Answer the following statement true (T) or false (F)