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3 years ago

As product adopters in the diffusion of innovation, members of the early majority Group of answer choices

Business

1 answer:

Luden [163]3 years ago

7 0

Answer:

The correct answer is letter "B": are deliberate and use many informal social contacts.

Explanation:

Sociologist and Professor E.M. Rogers (1931-2004) proposed The Diffusion of Innovations Theory which is a concept that relates several consumers' factors with the time they take to adopt technological innovation. Those influential factors are individuals' opinions and the rate at which they can interact with the innovation. According to the theory, consumers can be classified into five (5) groups:

Innovators: venturesome, higher educated, use multiple information sources.
Early adopters: leaders in a social setting, slightly above average education.
Early majority: deliberate, many informal social contacts.
Late majority: skeptical, below-average social status.
Laggards: fear of debt neighbors and friends are information sources.

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jervis sells 3400 of its accounts receivable to northern bank in order to obtain necessary cash northern bank charges a 2% facto

lesya692 [45]

Answer:

Factoring fee = 2% * Account Receivable

= 2% * $3,400

= $68

Date Account Titles and Explanation Debit Credit

Cash $3,332

Factoring expenses $68

Account receivables $3,400

(To record the receipt of cash against the receivables)

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2 years ago

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Aleonysh [2.5K]

Answer:

c option

Explanation:

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2 years ago

The Mixing Department of Complete Foods had 62,000 equivalent units of materials for October. Of the 62,000 units, 38,000 units

Art [367]

Answer:

Materials

62,000 equivalent units

Conversion

42,800 Equivalent untis

Cost of finished Goods

38,000 x (.75 + .55) = 38,000 x 1.3 = $49,400

WIP

24,000 x .75 = 18,000

4,800 x .55 = 2,640

Total WIP 20,640

Explanation:

Equivalent Units

38,000 complete

20% of 24,000 WIP = 4,800

Equivalent Units CC = 42,800

x .55 CC = 23540

Materials

62,000 x .75 = $46,500

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3 years ago

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at

tekilochka [14]

Answer:

$34.4

$37.20

c) $59.57

Explanation:

Given:

Dividend paid = $2.15

Growth rate = 4% = 0.04

Required return = 10.5% = 0.105

Now,

a) Present value = $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

for the current price n = 1

thus,

Current price = $\frac{\textup{Dividend paid}\times\textup{(1+growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^1}{\textup{(0.105-0.04)}}$

= $34.4

b) Price in 3 years

i.e n = 3

= $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^3}{\textup{(0.105-0.04)}}$

$37.20

c) Price in 15 years

i.e n = 15

= $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^{15}}{\textup{(0.105-0.04)}}$

= $59.57

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3 years ago

Indicate whether each of the following examples of behavior is consistent with the way the traditional economic framework sugges

Sliva [168]

Answer:

Some people would be willing to make a large sacrifice in order to help a loved one = Consistent with the Predictions of Traditional Economic Models.

Some people choose to work fewer hours after receiving a raise at work = Consistent with the Predictions of Traditional Economic Models.

Some people prefer to spend an hour doing a task tomorrow to half an hour doing a task today, although the opportunity cost of their time is the same in both periods = Reserved for Behavioral Economics.

Some people treat $70 they earn differently from $70 they win from a lottery ticket = Reserved for Behavioral Economics.

Explanation:

The behaviors of people generally cannot completely be predicted. However, there are certain suggestions made on the behaviors of people by the traditional economic framework as well as the behavioral economists. These suggestions have been used by different professional to qualify the behaviors of people in a certain way (as illustrated in the answers above).

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2 years ago