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Explain What a Transformational Leader Is and Discuss the Characteristics

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Essay

Explain what a transformational leader is and discuss the characteristics of transformational leadership. Give examples as to how the these characteristics are manifested by the transformational leader.


Definitions:

Equilibrium

A state in which market supply and demand are balanced, and as a result, prices become stable.

Market

A place or system where buyers and sellers interact to trade goods, services, or resources.

Price

The money total set, required, or given as remuneration for something.

Consumer Surplus

The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they pay.

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