The Determinants of the Choice Between a Leader Versus a Follower

question 50

Multiple Choice

The determinants of the choice between a leader versus a follower strategy are

• A)the extent of protection of the innovation, the nature of the knowledge involved, and the potential to establish a standard.
• B)the development cost of the innovation, the importance of complementary resources, and the shape of the economy.
• C)the extent of protection of the innovation, the potential to establish a standard, and the importance of complementary resources.
• D)the potential to establish a standard, the relative powers of the other players in the industry, and the development cost of the innovation.

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Definitions:

Servant Leadership

A leadership philosophy in which the main goal of the leader is to serve others; it is characterized by leaders who prioritize the needs of their team members.

Implicit Leadership

The concept that people have underlying, often unconscious, beliefs about the characteristics and behaviors that make an effective leader.

Path-Goal Theory

A leadership theory that suggests leaders should adjust their leadership style to help followers reach their goals.

Participative Leadership

A leadership style that encourages involvement and participation of all members in decision-making processes.