What Is Trend Analysis

question 24

Multiple Choice

What is trend analysis?

• A) When numerical data are available, a trend can be plotted to display changes through time and into the future
• B) A trend is examined to identify its nature, causes, speed of development, and potential impacts
• C) Trends viewed as particularly important in a specific community, industry, or sector are carefully monitored, watched, and reported to key decision makers
• D) Complex systems can be modeled by means of mathematical equations and different scenarios can be run against the model to determine "what if" analysis

---

Definitions:

Follower Readiness

A concept in leadership that evaluates the extent to which followers have the ability and willingness to accomplish a specific task.

Contingency Variables

Factors or conditions that can influence the outcome of a decision or action, suggesting that different situations require different responses or strategies.

Vroom-Jago Time-driven

A decision-making model that takes into account the importance of time in the effectiveness of certain leadership styles and decisions.

Likelihood of Support

Refers to the perceived probability or expectation that an idea, initiative, or action will receive backing and acceptance from others.