Being the Leader in Introducing an Innovation to the Market

question 24

True/False

Being the leader in introducing an innovation to the market is usually better than being a follower.

---

Definitions:

Drive Lug

A projection or pin on a wheel, gear, or drive shaft that engages with another component to transmit motion or power.

Air Gun

A tool that uses compressed air to project force, often used for nailing, painting, or cleaning applications.

Ratchet

A mechanical device that allows continuous linear or rotary motion in one direction while preventing motion in the opposite direction.

IFI Fastener

An IFI fastener refers to a fastening device that adheres to standards set by the Industrial Fasteners Institute, often indicating a specific quality or dimensional guideline.