Oxy Systems Corp. was the first company to utilize a new device developed by Symbol Developers Inc. that enabled Oxy to locate previously undetected underground hot springs that could be tapped as geothermal heating sources. Oxy Systems tested the device and provided a testimonial to other organizations about the product. However, the other organizations were hesitant and decided to wait until the product was proven reliable. In this case, Oxy Systems can be classified as
A) an innovator.
B) a late adopter.
C) part of the early majority.
D) part of the late majority.
E) a laggard.
Correct Answer:
Verified
Q12: Which statement about the technology life cycle
Q13: Broadly speaking, _ can be thought of
Q14: _ is a change in method or
Q15: Which of the following groups is most
Q16: Product innovation is a change in the
A)way
Q18: Common ways of acquiring new technology include
Q19: Which of the following groups of adopters
Q20: Even firms that are not technology oriented
Q21: _ technologies have proved effective, but they
Q22: _ technologies have yet to prove their
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