Advanced Glossary

Leadership style

a leader's style of providing direction, implementing plans, and motivating people. There are many different leadership styles that can be exhibited by leaders in the political, business or other fields.

Life Cycle Cost

The complete cost of purchasing, owning, running, and disposing of something over its entire lifespan. This includes how much energy or water or natural resources it requires to run it. Energy efficient or water efficient products have lower life cycle costs because although their up front or first cost is higher, the cost of operating is much lower due to less energy or water use, and they also tend to last longer.

 

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