It is important to build a relationship with your customer. in the first few seconds after you notice the customer’s arrival, you should:________
Answers
It is important to build a relationship with your customer. In the first few seconds after you notice the customer’s arrival, you should: greet them politely and warmly.
What is customer relationship?A customer relationship refers to the way in which a business engages with its customers, as well as the way in which the customers interact with the business in return. Customer relationships are built by providing outstanding customer service and meeting or exceeding customer expectations.
Customer relationship management is critical in any industry, from retail to hospitality to healthcare and more. The first step in building strong customer relationships is to be polite and cordial to customers as soon as they arrive. This includes greeting customers warmly and respectfully and welcoming them to the establishment.
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Related Questions
which part of the project life-cycle is most often overlooked by project managers?
Plan Initiate Monitor/Control Close
Answers
The part of the project life-cycle most often overlooked by project managers is the Monitor/Control phase. This phase is crucial for ensuring that the project stays on track and meets its objectives.
In the Initiate phase, project managers define the project scope, goals, and objectives. In the Plan phase, they create a detailed project plan, including tasks, resources, and timelines. The Monitor/Control phase, however, focuses on regularly tracking the project's progress, assessing its performance, and making necessary adjustments to keep it on course.
Project managers often overlook this phase because they may be too focused on the execution of tasks or may assume that once a plan is in place, it will automatically be followed. However, without proper monitoring and control, projects can deviate from their original plans, leading to cost overruns, schedule delays, and unmet objectives.
To effectively monitor and control a project, project managers should:
1. Regularly review the project's progress against the plan, tracking milestones, and deliverables.
2. Assess the project's performance by comparing actual results to planned outcomes, using key performance indicators (KPIs).
3. Identify any deviations from the plan and analyze their root causes.
4. Take corrective actions to address deviations and adjust the project plan as needed.
5. Communicate project status and any changes to stakeholders, ensuring transparency and managing expectations.
By dedicating proper attention to the Monitor/Control phase, project managers can improve their chances of successfully delivering projects on time, within budget, and meeting the desired objectives.
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Select the correct answer.
Elem Inc. has issued 3,000, 8% preferred stock at $10 per stock and 10,000 common stock issued at $10 par value. The corporation's directors
declared that it would pay dividends of 5% at the end of the year. How much will the preferred stock holders receive?
A. $5,000
B. $2,400
C. $8,000
D. $1,500
Answers
Answer:
B. $2,400
Explanation:
The computation of the amount does preferred stock holder received of dividend is as follows:
= Number of share issued × par value per stock × dividend percentage
= 3,000 × $10 × 8%
= $2,400
hence, the amount does preferred stock holder received of dividend is $2,400
Therefore the option B is correct
Answer:
B.
$2,400
Explanation:
Correct on Edmentum
in 2008-2009, the world economy retrenched in the wake of a global financial crisisT/F
Answers
True. The global financial crisis of 2008-2009 had a significant impact on the world economy, leading to a period of retrenchment and economic slowdown.
The crisis was triggered by a number of factors, including the collapse of the housing market in the United States, the subprime mortgage crisis, and the failure of several major financial institutions.
The crisis had a ripple effect throughout the global economy, leading to widespread job losses, business failures, and a decline in consumer confidence.
Governments around the world responded with a range of measures, including stimulus spending, bailouts of struggling companies, and efforts to stabilize financial markets.
While the global economy eventually recovered, the effects of the crisis continue to be felt in many parts of the world.
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Question 5 (40 points): Multiple Cash Flows (spend around 15 minutes on this) You purchase a home for $100,000 and borrow the entire amount today from Broadway Bank at an APR of 2.4% with monthly payments. The maturity of your mortgage equals 20 years. You start paying off your mortgage in one month. a) Draw a time line that depicts the cash flows from the mortgage payments. Compute the payment and show your inputs and work. Compute the outstanding mortgage amount after you have made 5 years of payments. Show this point on the time line What is the interest and principal component of your mortgage payment on the payment right after 5 years from today? b) Draw the current term structure of interest rates. What does the current term structure, as you have graphed, imply for the future path of future interest rates?
Answers
A) The monthly payment is $438.71.
B) The outstanding mortgage amount after 5 years of payments is $75,701.92.
C) The interest and principal components of the mortgage payment after 5 years are $151.40 and $287.31, respectively.
D) If the current term structure of interest rates has an upward-sloping yield curve, it suggests that the market expects interest rates to rise in the future as the economy grows, whereas if it has a downward-sloping yield curve, it suggests that the market expects interest rates to fall in the future as the economy slows down.
a) The time line depicting the cash flows from the mortgage payments is as follows:
0---------------------------------------------------------------------------------------------------
| $100,000 |
-----------------------------------------------------------------------------------------------------
1 |-----------------------PMT------------------------|
|--------------Interest--------------||---Principal---|
2 |--------------Interest--------------||---Principal---|
...
240 |--------------Interest--------------||---Principal---|
-----------------------------------------------------------------------------------------------------
To compute the monthly payment, we use the formula for a fixed-payment loan:
PMT = P * r * (1 + r)^n / [(1 + r)^n - 1]
where:
P = principal amount borrowed = $100,000
r = monthly interest rate = APR / 12 = 0.024 / 12 = 0.002
n = total number of payments = 20 * 12 = 240
Substituting these values into the formula, we get:
PMT = 100000 * 0.002 * (1 + 0.002)^240 / [(1 + 0.002)^240 - 1] = $438.71
Therefore, the monthly payment is $438.71.
After making 5 years of payments, which is equivalent to 60 payments, the outstanding mortgage amount can be calculated using the formula for the remaining balance of a loan:
B = P * ((1 + r)^n - (1 + r)^t) / ((1 + r)^n - 1)
where:
P = principal amount borrowed = $100,000
r = monthly interest rate = APR / 12 = 0.024 / 12 = 0.002
n = total number of payments = 20 * 12 = 240
t = number of payments made = 60
Substituting these values into the formula, we get:
B = 100000 * ((1 + 0.002)^240 - (1 + 0.002)^60) / ((1 + 0.002)^240 - 1) = $75,701.92
Therefore, the outstanding mortgage amount after 5 years of payments is $75,701.92.
To calculate the interest and principal components of the payment right after 5 years from today, we first need to calculate the interest portion of the payment using the formula:
Interest = r * B
where r is the monthly interest rate and B is the outstanding balance of the loan. Substituting the values, we get:
Interest = 0.002 * $75,701.92 = $151.40
The principal portion of the payment can be calculated as the difference between the monthly payment and the interest portion, i.e.,
Principal = PMT - Interest = $438.71 - $151.40 = $287.31
Therefore, the interest and principal components of the mortgage payment after 5 years are $151.40 and $287.31, respectively.
b) The current term structure of interest rates is a graphical representation of the yields or interest rates on bonds of different maturities at a specific point in time, assuming that all other factors remain constant. The shape of the yield curve provides important information about the future path of interest rates.
Without knowing the specifics of the term structure of interest rates, it is difficult to graph it accurately. However, in general, a normal yield curve has an upward slope, indicating that long-term interest rates are higher than short-term interest rates, reflecting the expectation that the economy will grow and inflation will increase over time.
On the other hand, an inverted yield curve has a downward slope, indicating that short-term interest rates are higher than long-term interest rates, suggesting that the economy is expected to slow down and enter a recession.
A flat yield curve indicates that short- and long-term interest rates are roughly equal, implying uncertainty about future economic conditions.
Therefore, if the current term structure of interest rates has an upward-sloping yield curve, it suggests that the market expects interest rates to rise in the future as the economy grows, whereas if it has a downward-sloping yield curve, it suggests that the market expects interest rates to fall in the future as the economy slows down.
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Sara has a home-based business and needs to produce professional looking documents. She's willing to pay more money for a high-quality, fast printer that produces sharp text and doesn't use too much ink. Which printer should she choose? Select your answer, then click Done.
Answers
For Sara's home-based business, the ideal printer choice would be a laser printer. Laser printers are known for their high-quality output, fast printing speed, sharp text, and efficiency in ink usage.
Unlike inkjet printers that use liquid ink, laser printers use toner cartridges that are more cost-effective and have a longer lifespan.
This makes them suitable for businesses that require frequent printing without incurring excessive ink costs.
Laser printers also provide consistent and professional-looking results, making them a reliable option for producing professional documents.
While the upfront cost of laser printers may be higher compared to inkjet printers, the long-term savings on ink expenses and the superior print quality make them a worthwhile investment for Sara's business needs.
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The printer that Sara should choose for her home-based business is a laser printer.
What is a laser printer?A laser printer is a high-performance printer that uses laser beams to print on paper. Laser printers are known for their high speed, accuracy, and efficiency. Laser printers are also less expensive than inkjet printers in the long run.Laser printers are ideal for home-based businesses and offices because they can print high-quality, professional-looking documents at a faster speed.
Laser printers use toner instead of ink to print documents. As a result, they produce sharper text that is smudge-free and doesn't bleed on the paper. Additionally, the toner used in laser printers lasts longer than ink cartridges used in inkjet printers, so you don't have to replace the toner as frequently as you would an ink cartridge.
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Which of the following factors in productiservice planning affects product protection, product image, and indentification of the product's brand
Answers
Answer:
A: D
Explanation:
Explain Stocks and how they Work
Answers
why do people buy franchise instead of expanding by opening more stores
Answers
People buy franchise because franchising helps franchisors gain areas where a market may be for their company, but the problem is they might not be familiar with. Franchising allows for the business to grow without spreading its top level human materials across too thin unlike stores. Franchisees can pay outlets in your chain of the system, you can large the number of locations without having to tap of your capital or needing to ask financing from banks.
Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.
Answers
Answer: See explanation
Explanation:
The seven functions of marketing include:
1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.
2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.
3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.
4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.
5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.
6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.
7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.
the perception that our fate is determined by chance reflects
Answers
The perception that our fate is determined by chance reflects a belief in luck or randomness. It may suggest a belief in external forces or circumstances beyond our control that shape our outcomes.
This perception can be influenced by personal experiences, cultural beliefs, and individual perspectives. It can lead to different attitudes and behaviors, such as relying on luck, superstitions, or feeling a lack of personal agency in shaping one's destiny. Perception refers to the process by which individuals interpret and make sense of sensory information from their environment.
Perception plays a crucial role in how we understand the world around us. It involves the reception of sensory stimuli through our senses, such as sight, hearing, taste, touch, and smell. These stimuli are then processed and organized in our brains to form meaningful perceptions and interpretations of our surroundings.
Our perception can be influenced by various factors, including past experiences, cultural background, personal beliefs, and cognitive processes. It is important to note that perception is subjective, as different individuals may perceive the same stimuli differently based on their unique perspectives and cognitive filters.
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Monique receives a check each month from the tenants living in the townhomes she owns. What type of income is this considered?
A. Earned income
B. Investment income
C. Inheritance income
D. Passive income
Answers
Answer:
D. Passive income
Explanation:Monique receives a check each month from the tenants living in the townhomes she owns. What type of income is this considered?
The check received by Monique from the renting party in respect of rental income is treated as passive income.
Option D is the correct answer.
What is a passive income?Passive income is an active but unearned income that is earned from other alternatives apart from any occupation.
According to the Internal Revenue Service authority of the US, there can be two sources of passive income namely, rental income and the dividends received on stockholdings.
Therefore, passive income is the type of income earned by Monique in the given situation.
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All of the following statements regarding corporate social responsibility are true except:A) firms believe that they have legal and economic duties in addition to responsibilities to society.B) a firm's responsibilities to society are not associated with the demands, expectations, requirements, and desires of various stakeholders.C) CSR can be defined as context-specific actions and policies, taking stakeholders' expectations into account, to achieve what is referred to as the triple bottom line.D) today, virtually all large and well-known companies engage in some form of CSR.E) CSR actions are not mandated by law.
Answers
The statement that is NOT true regarding corporate social responsibility (CSR) is: B) A firm's responsibilities to society are not associated with the demands, expectations, requirements, and desires of various stakeholders.
What is corporate social responsibility ?CSR involves taking into account the interests of a wide range of stakeholders, including customers, employees, suppliers, communities, and the environment. By meeting the needs and expectations of these stakeholders, firms can achieve long-term success and sustainability.
This statement is not true because a firm's responsibilities to society are often associated with the demands, expectations, requirements, and desires of various stakeholders.
Therefore the correct option is B.
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Lopez acquired a building on June 1, 2016, for $42,151,300. Compute the depreciation deduction assuming the building is classified as (a) residential and (b) non residential. Click here to access the
Answers
(a) The IRS has established a fixed period for calculating depreciation on residential rental property. It is 27.5 years. As a result, the annual depreciation deduction for a $42,151,300 building that is classified as residential is $1,532,800.
Here is how it works:
Depreciation rate = 1 / 27.5 = 0.0363636
Annual depreciation deduction = Depreciation rate x initial cost of the property
Annual depreciation deduction = 0.0363636 x $42,151,300
= $1,532,800
(b) If the building is classified as non-residential, the property will be depreciated over a fixed period of 39 years by the Internal Revenue Service (IRS).
As a result, the annual depreciation deduction for a $42,151,300 building that is classified as non-residential is $1,080,040. Here is how it works:
Depreciation rate = 1 / 39 = 0.025641
Annual depreciation deduction = Depreciation rate x initial cost of the property
Annual depreciation deduction = 0.025641 x $42,151,300
= $1,080,040.
To compute the depreciation deduction, the depreciable basis must be calculated first. The depreciable basis of a building is equal to the initial cost of the building minus the value of the land on which the building sits. The value of land cannot be depreciated. The building’s depreciable basis is $42,151,300 minus the value of the land. The value of the land is not included in the given problem.
Let us now calculate the annual depreciation expense of a residential building and a non-residential building.
(a) Depreciation deduction for residential building
Depreciation deduction per year = $1,532,800
Annual depreciation rate = 1 / 27.5
= 0.0363636
(b) Depreciation deduction for non-residential building
Depreciation deduction per year = $1,080,040
Annual depreciation rate = 1 / 39
= 0.025641
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does bank accounts last forever?
Answers
Answer:no they don’t
Explanation:
they will become dormant after 24 months
Question 9 of 10
Which statement about your financial needs is most accurate?
OA. Your financial needs will be totally predictable.
OB. Your financial needs will change throughout your life.
OC. Your financial needs will stay the same throughout your life.
OD. Your financial needs will decrease as you get older.
SUBMIT
Answers
Fashion Design - what are the 3 influences on fashion??
Answers
The three influences are social, economic, and technological.
Fashion design is the art of creating clothing and accessories that are aesthetically pleasing and functional. It takes into account the current trends and cultural influences as well as the tastes of the customer.
The three main influences on fashion are:
1. Social Influences: This refers to how fashion is shaped by the social and cultural values of the time. Trends can be influenced by events, celebrities, and even political movements.
2. Economic Influences: The economy has a significant impact on fashion trends. When the economy is strong, people are more likely to spend money on expensive, luxurious items. On the other hand, when the economy is weak, people may be more likely to buy budget-friendly items.
3. Technology Influences: Technology has greatly impacted the fashion industry. From the advancements in textiles to the ability to produce clothing quickly, technology has enabled fashion designers to create new and innovative styles. Technology has also allowed for recent trends to be quickly disseminated to a global audience.
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Blue sky company acquired an adjacent lot to construct new warehouse paying 35000 and giving a shorshort term note for br 125000 legal fees paid were br 1100 delinquent taxes assumed were br 12500 and fees paid to rekove an old building from the land were br 18000 material salvaged from the demolition of the building were sold for br 3600 a contractor was paid 512500 to construct a new ware house ...then require cost of land to be reported on balance sheet
Answers
BR 92,200 is the amount for land that must be reported on the balance sheet. The revenues from the sale of BR 3,600 in recovered materials are subsequently deducted. By adding together all of these expenses
Why this matters: To determine the cost of land, we total up all the expenses incurred to buy and prepare the property for the warehouse. These costs include the BR 35,000 purchase price, the BR 125,000 short-term note issued, the BR 1,100 in legal expenses, the BR 12,500 in unpaid taxes assumed, and the BR 18,000 in costs incurred to dismantle the previous structure. The revenues from the sale of BR 3,600 in recovered materials are subsequently deducted. By adding together all of these expenses, we arrive at a total cost of BR 188,400. We then deduct the money made from the sale of the salvaged items to arrive at a net cost of BR 184,800. Lastly, we deduct the cost of building the warehouse.
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First, we need to figure out how much you want to borrow. You said you wanted to spend $5,000, and you will put $500 down. Based on that, we can estimate your taxes to be $340. Put those numbers into the calculator and press calculate to see how much money you will need for your loan.
Answers
"$4840" will be the total amount for the loan.
To "borrow" a thing means to use it with the purpose of giving it back. "Loan" is a word that can refer to either the act of giving anything to anyone or a number of funds it must be repaid with interest. That basically implies you can't say you're "borrowing" anything from anyone.
From the information that is provided:
Money that is spent = $5000
Down payment made = $500
The amount of taxes = $340
The total amount for the loan that is taken is
= 5000 - 500 +340
= $4840
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Ahmad has some saving where do you suggest him to keep and why
Answers
Answer:
It depends on how much money Ahmad has saved.
Explanation:
If he has a small amount of money, the best he can do is to put his savings on a safe investment, like treasury bonds, an ETF, or a safe and low risk bond of a trustworthy company.
If Ahmad has a larger amount of money, he can put his savings in riskier assets like stock, which could give him a higher return. He could also create a more diverse investment portfolio, with some of his savings going to safer, lower yield investment instruments, and the rest going to riskier, higher yield investment instruments.
Double entry Received commission by Cheque
Answers
Answer:
congratulations sirr
Explanation:
ask any question or queries not other things
sorry if this was hurtful to you
Sometimes a liquid can be sitting there and its molecules will become a gas. That’s called
___________________________________________.
Answers
Answer:
Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.
how many months weeks days are in 157 days?
Answers
who is elon musk......
Answers
Answer:
Elon Musk FRS an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is one of the richest people in the world.
Ratna is preparing q presentation titled "similarities between miceo-leval and marco-lecal orientation in sociology". Which explanation should she include
Answers
Answer:
Ratna is preparing q presentation titled "similarities between micro-level and marco-local ... - did not match any documents.
Suggestions:
Make sure that all words are spelled correctly.
Try different keywords.
Try more general keywords.
The per diem employee makes $110.00. He works 25 days in the month. What is his gross pay?
Answers
To calculate the gross pay of the per diem employee, we need to multiply his daily rate by the number of days he worked in the month.
Daily pay = $110.00
Number of days worked = 25
Gross pay = Daily pay x Number of days worked
Gross pay = $110.00 x 25
Gross pay = $2,750.00
Therefore, the gross pay of the per diem employee is $2,750.00.
Which margin is at the very bottom of the page when printing worksheets?
top margin
bottom margin
header margin
footer margin
Answers
Answer:
Footer Margin
Explanation:
Just took this :)
Answer:
Footer Margin
Explanation:
A monopolist's profit maximisation model: O a. Can be solved using either the price or the quankaly supplied as control variables, and both methods will produce identical numerical results. O b. Can only be solved using the quantity supplied as a control variable, and using the price as control variable would produce different numerical results that are not economically meaningful. OC is usually solved using the quantity supplied as a control variable, and using the price as control variable would produce different numerical results that are appropriate for describing markets in which the monopolist fixes the price rather than the quantity supplied. Od None of the above.
Answers
C). Is usually solved using the quantity supplied as a control variable, and using the price as a control variable would produce different numerical results that are appropriate for describing markets in which the monopolist fixes the price rather than the quantity supplied.
The monopolist's profit maximisation model is based on the premise that the firm seeks to maximise profits by setting the output level at which marginal revenue equals marginal cost. This can be achieved by either setting the price or the quantity supplied as the control variable. However, in most cases, the monopolist chooses to fix the quantity supplied and let the price adjust accordingly.
This is because in a monopolistic market, the firm has the power to set the price at a level that maximises profits. Using the price as the control variable in this scenario would produce different numerical results that may not be economically meaningful. A monopolist's profit maximisation model.
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a financial plan is most influenced by
Answers
Answer: priorities and goals
Explanation: because
The financial plan is most influenced by priorities and goals Option(b) is correct.
What does Financial Plan means?Overall utilization, a financial plan is a complete assessment of a singular's ongoing compensation and future financial state by utilizing current known factors to foresee future pay, resource values and withdrawal plans.
In business, a financial plan can allude to the three essential financial assertions monetary record, pay explanation, and income proclamation) made inside a field-tested strategy. Financial estimate or financial plan can likewise allude to a yearly projection of pay and costs for an organization, division, or division.
A financial plan can likewise be an assessment of money needs and a choice on the most proficient method to raise the money, like through getting or giving extra offers in an organization A financial plan might contain forthcoming financial explanations, which are comparative, however unique, than a financial plan. Financial plans are the whole financial bookkeeping outline of an organization. Complete financial plans contain all periods and exchange types.
Therefore Option(b) is correct.
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adam smith believed that a nation would produce the maximum wealth by relying on government to make public interest economic decisions. group of answer choices true false
Answers
Adam Smith did not believe that a nation would produce maximum wealth by relying on the government to make public interest economic decisions. Therefore, the correct option is false
Public interest refers to the common good or the general welfare. It encompasses public health and welfare, as well as the protection of civil rights and liberties. Public interest encompasses the interests of the public as a whole, rather than those of a specific group or individual. This is in contrast to private interests, which are typically pursued for personal benefit.Adam Smith was a Scottish philosopher and economist, best known for his book
The Wealth of Nations. Smith believed that laissez-faire economics was the most efficient way for a country to achieve maximum economic growth. Laissez-faire is a term that means “leave alone.”Smith argued that the government should not be involved in regulating the economy. Instead, he believed that the market should be allowed to operate freely, with little or no government intervention.
This, according to Smith, would result in maximum economic growth and efficiency. Thus, Smith did not believe that a nation would produce maximum wealth by relying on the government to make public interest economic decisions. Hence, the correct option is false. False. Adam Smith believed that a nation would produce the maximum wealth by relying on the self-interest of individuals and the principle of the "invisible hand" rather than on government intervention to make public interest economic decisions.
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Kendrick is highly knowledgeable about new developments in computer technology, since he reads everything he can find about the subject. Typically, being the first to try out new computer parts and models, he would be classified ________ in terms of the diffusion of innovation curve.
Answers
Kendrick as a personel who is highly knowledgeable as regards new developments in computer technology, and in all means try to explore new computer parts and models can be regarded as an Innovator in the domain of diffusion of innovation curve.
The innovation adoption curve can be regarded as the curve that showcase how users falls into different categories, this is usually classified as per their willingness to accept new technology or an idea.Kendrick, in this case try out the new computer part with all willingness.
Therefore, Kendrick can be seen as innovator.
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