Adopter Categories Definition.

Adopter Categories Definition describes the different categories of users that adopt a new product or service. The categories are based on the rate of adoption, with “innovators” being the first to adopt, followed by “early adopters”, “early majority”, “late majority”, and “laggards”. The adopter categories were first defined by Everett Rogers in his 1962 book … Read more

Basel Accord.

The Basel Accord is an agreement reached by central bankers in Basel, Switzerland in 1988. The accord is also known as the Basel Capital Accord, and its full name is the Basel Capital Accord of 1988. The agreement was reached in order to standardize the way that banks calculate their capital requirements. The accord was … Read more

What is the secondary sector?

The secondary sector is in charge of transforming raw materials, those that find their origin in the primary sector. For this reason, the secondary sector is a sector that is dedicated to the handling of these raw materials using specific and qualified machinery. In this definition of the secondary sector, we must therefore bear in … Read more