Slow Followers Are Sometimes More Successful Than First Movers

question 18

True/False

Slow followers are sometimes more successful than first movers.

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Definitions:

Survey Feedback

A method used in organizational development, where information is collected through questionnaires and shared with the participants to facilitate improvement and change.

TQM

Total Quality Management, a management approach focused on continuous improvement in all aspects of an organization, emphasizing quality in every operation.

Reengineering

involves the radical redesign of core business processes to achieve dramatic improvements in productivity, cycle times, and quality.

Incremental Improvements

Small, gradual changes or enhancements made to a process, product, or service to improve efficiency, quality, or performance.