Lead-Time in This Context Refers to

question 53

Multiple Choice

Lead-time in this context refers to

• A)the period of time during which a firm is the leader of an industry.
• B)the period of time it takes for equipment to arrive after it's been ordered.
• C)the time it takes a follower to catch up.
• D)the time it takes for a competitor to realise you've done something innovative.

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Definitions:

Trait Approach

A perspective in leadership studies that identifies specific qualities or characteristics that distinguish leaders from non-leaders.

Leader

A person who guides or directs a group towards achieving a common goal.

Followers

Individuals who accept the guidance, direction, or leadership of another person or group, often within a hierarchical or organizational context.

Situation

A set of circumstances or a context within which events occur, affecting decision-making and outcomes.