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SSSSS [86.1K]
3 years ago
15

Customers who face the same general needs of the marketplace but are likely to experience them months or years earlier than the

rest of the market and stand to benefit disproportionately from solutions to those needs are referred to as _____. Multiple Choice
A. laggards
B. lead users
C. early followers
D. intrapreneurs
Business
1 answer:
inn [45]3 years ago
3 0

Answer:

Letter B is correct. <em>Lead Users</em>.

Explanation:

Term developed by prof. Eric von Hippel, Lead Users are those users who are able to transform, adapt and modify a company's product or service for their own benefit, as they face the same market needs a while before regular users.

For Prof Eric von Hippel, there are four steps in developing Lead Users:

  1. Preparation,
  2. Needs and Trends Identification,
  3. Lead Users Identification, and
  4. Concept Design.

The premise is that the Lead Users method is effective in identifying innovation and product trends that need to be developed for a market for your needs.

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Suppose the production of a good results in positive externalities. The market will tend to _______________ this good and the go
IgorLugansk [536]

Answer:

Suppose the production of a good results in positive externalities. The market will tend to <u>overproduce</u> this good and the good's marginal social benefits curve will <u>lie to the left of the good's demand curve.</u>

Explanation:

A positive production externality is the positive effect an activity imposes on an unrelated third party such as the positive effect production activity has on the market.

A positive externality exists if the production and consumption of a good or service benefits a third party not directly involved in the market transaction. For example, education directly benefits the individual and also provides benefits to society as a whole through the provision of more responsible citizens.

6 0
3 years ago
TRUE OR FALSE An acceptance can impose new conditions or change the terms of the original offer.
Hitman42 [59]
This is what I found, hope this helped:)

6 0
3 years ago
The economizing problem is essentially one of deciding how to make the best use of a. limited resources to satisfy limited wants
elixir [45]

Answer: Option (C) is correct.

Explanation:

In economics, this is a fundamental problem that how to utilize the limited resources to satisfy unlimited wants. There are three things that are interrelated with each other:

(1) Limited resources

(2) Scarcity of goods and services

(3) Unlimited wants

We know that human wants are unlimited and resources are limited, then there is a problem of scarcity arises. Many economists call this as "economizing problem". So, economizing problem is all about making choices from scarce resources.

6 0
3 years ago
_is any place where goods are produced or distributed or services areproduced​
ella [17]
A factory is any place where goods are produced or distributed or services are produced.
5 0
2 years ago
Are the stages of product life cycle more important for a business to focus on the introduction stage or the growth stage of a p
ozzi

Product life cycle is important for a business to focus on the introduction stage then the growth stage because the products to gain distribution as the product is initially new in the market. The quality of product is not assured and the price of the product will also determine as low or high.

Explanation:

  • The cost is going to be on a higher side.
  • The sales will be slow since there is no awareness of the product.
  • There might be little or no competition in the market.
  • You make very little money of the product sold.
  • Customer are to prompted to take initiate into the product.
  • Demand has to be created.
  • Marketing cost at the highest level because of recognition.
  • Profit is received from product is very minimal.
  • First impression is the last impression that impression is created
  • In the introduction of the product.

4 0
2 years ago
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