Multiple Choice
The category of innovators differs from the category of early adopters in that early adopters:
A) help the product gain market acceptance by spreading positive word of mouth.
B) enjoy taking risks and are not price sensitive.
C) want to be the first on the block to have a new product or service.
D) tend to enjoy novelty and purchase a product after careful review.
E) are regarded as highly knowledgeable as they keep themselves well informed about the
Different product categories.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Firms try to target innovators while introducing
Q11: The firm marketed its product by educating
Q13: An automobile firm wants to introduce cars
Q16: The manager of an ice cream parlour
Q16: Innovative product users who modify existing products
Q18: The process by which an idea that
Q19: A car manufacturing firm is experiencing a
Q60: Firms that invest in the latest technology,
Q72: During the growth stage of a product
Q74: How do firms market a product in