Donald is always ready to buy recently-launched gadgets and gizmos. Since he has sufficient financial resources to invest in these products, he is unconcerned about the risks and uncertainties involved in buying new products. Based on this description, Donald belongs to the group of:

a. early majority.

b. early adopters.

c. innovators.

d. laggards.

Question

Business

Kaitlynn

2 June, 07:43

Donald is always ready to buy recently-launched gadgets and gizmos. Since he has sufficient financial resources to invest in these products, he is unconcerned about the risks and uncertainties involved in buying new products. Based on this description, Donald belongs to the group of:

a. early majority.

b. early adopters.

c. innovators.

d. laggards.

+5

Answers (1)

Know the Answer?

Cher · Answer 1

Innovators

Explanation:

Innovators

Innovator is one who used new method and new technique differently to make out something unique from it. They are less concerned about the risk and uncertainties. These type of people introduce ideas in the market to make new way of business.

In the given question also, Donald is less concerned about the risk involved in buying the new product instead ready to invest in products