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Discuss the major similarities and differences between the behavioral and contingency leadership theories.
Milton Friedman
An American economist and Nobel laureate known for his extensive work on consumption analysis, monetary history and theory, and the complexity of stabilization policy.
Profit Maximization
A business strategy aimed at generating the greatest possible profit, focusing on revenue enhancement and cost minimization.
Shareholders
Individuals or entities that own one or more shares of a company's stock, making them partial owners of the company.
CSR Initiative
A company's act of engaging in socially responsible activities, practices, and policies, aiming to have a positive impact on society, the environment, and stakeholders.
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