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The buyer who wants to be the first to purchase and own the latest merchandise.

A. Innovator
B. Early adopter
C. Early majority
D. Laggard

User Yogesh
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Final answer:

The correct option: Innovator

The buyer seeking to be the first to own the latest merchandise is an Innovator, according to Everett Rogers' diffusion of innovations model, which places them at the forefront of adopting new products due to their high social status and willingness to take risks.

Step-by-step explanation:

In the field of diffusion of innovations, the categorization of adopters into various groups, as outlined by sociologist Everett Rogers, provides valuable insights into the dynamics of how new ideas, products, or technologies are embraced by a society. The first category, known as Innovators, plays a pivotal role in the initial stages of adoption. These individuals are characterized by their eagerness to be the very first to acquire and embrace the latest merchandise or innovations.

Innovators are distinct in their willingness to take risks, showcasing a boldness that sets them apart from other adopter categories. They are often endowed with high social status, financial liquidity, and extensive social networks. Their characteristics make them ideal pioneers for the adoption of innovations as they possess the resources and influence necessary to navigate the uncertainties associated with new products or ideas. It is their boldness and curiosity that drive them to seek out and be the first to experience emerging trends.

Furthermore, Innovators are crucial in setting the stage for the subsequent adopter categories. Their early adoption establishes a precedent that influences the attitudes and behaviors of those who follow. The subsequent category, Early Adopters, may share certain traits with Innovators, such as having a high degree of opinion leadership, but they are not the trailblazers. Instead, they observe and learn from Innovators before making their own decisions to adopt.

In the multiple-choice question provided, the correct answer is indeed A: Innovator. This designation accurately captures the essence of individuals who are eager to be at the forefront of adopting the latest merchandise, demonstrating a proclivity for risk-taking and a keen interest in being the first to explore and integrate innovations into their lives.

User Hirdesh Vishwdewa
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