Examlex
Assume that you work for a business in which the entrepreneur/owner wants to transfer ownership of the business to the employees. The entrepreneur sets up an Employee Stock Ownership Trust which borrows money and buys shares of stock from the business. These shares will later be transferred to the employees. This form of transfer is known as
Charismatic Leadership
A leadership style characterized by a leader's ability to inspire and motivate followers through their personality and actions.
Referent Power
A form of influence based on the leader's personal traits, where followers identify with and wish to emulate the leader.
Transactional Leadership
Involves leaders who focus on supervision, organization, and performance; leadership is based on exchanges and rewards for meeting objectives.
Implicit Theory
Implicit theory relates to the assumptions or beliefs that individuals hold about how the world works or how certain characteristics affect human behavior, often without conscious awareness.
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