Answer:
This question lacks answers. Here they are:
A) Early adopter
B) Early majority
C) Innovator
D) Late majority
E) Laggard
Answer is B) <em>Early majority </em>
Explanation:
These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.
Naturally, all categories are on the gradual scale:
Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard
with the <em>innovator</em> being the group that is adopting the product immediately after launch, while the <em>laggard</em> is very change-resistant, rarely making choices regarding the adoption of something new.
The thinnest line is probably the difference between <em>early adopters</em> and the <em>early majority</em>. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.
In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.
Answer:
D) try to get together and limit the quantity supplied.
Explanation:
Elasticity of demand is defined as a measure of the responsiveness of changes in quantity demanded with change in price.
When price increases the quantity demanded falls.
If a good is inelastic it means that the price increase will not result in a big drop in quantity demanded.
So if suppliers notice a good is inelastic they will most likely come together to reduce supply while increasing prices. This will result in higher revenues for them as quantity demanded does not fall with increase in price.
Answer:
Here we can use a approach which is know as 5 S PLUS 1 S.
Explanation:
This approach of 5 S PLUS 1 S means sort, set in order, shine, standardize,sustain and safety, this is a very common method that corporations uses to increase both their efficiency and productivity with decreasing the wastage of materials.
In this organization workplace method, we start with sorting out all the unnecessary material that we don't need and then we start organizing the workplace, as it is important to keep all the inventories and other useful materials or tools properly and then comes the step of keeping useful stuff tidier and would help in maintaining a certain level of standard in the production and by keeping doing all these things an organization can maintain sustainability and keep the company free from any hazards.
Answer: The amount you value the first movie + $3
Explanation:
Opportunity cost is the cost of the next best alternative foregone. It can be expressed as the value of the good you loose. If the person decides to see the new release with his friend, he is foregoing the value of the previous movie that he wanted to watch as well as loosing the value of the coupon ($3) which is valid for the other movie only. Thus, his opportunity cost is the amount you value the first movie + $3.
