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What Is the "Contingency" Variable in Fiedler's Contingency Theory of Leadership

question 190

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What is the "contingency" variable in Fiedler's Contingency Theory of leadership?


Definitions:

Corporations

Legal entities that are separate from their owners, providing limited liability protection and the ability to raise capital through stock sale.

Loyalty

A customer's consistent preference and dedication to a brand, product, or service, often influenced by positive experiences and satisfaction.

Truthfulness

The quality of being honest and transparent in one's words and actions, ensuring accuracy and sincerity.

Business World

A term referring to the global commerce environment, characterized by various trading practices, regulatory frameworks, and market dynamics.

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