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According to House's Path-Goal Theory, under what conditions should employees appreciate both directive and participative leader behaviours? Under what conditions are they not likely to appreciate them? Give examples of tasks which illustrate each set of conditions.
Sensitive
Responsive or easily affected by external conditions or stimuli.
Economic Theory
A concept or principles developed to explain how economies work and how economic agents interact.
Substitute Goods
Goods or services that act as substitutes for each other, meaning that if the price of one goes up, the demand for the other also rises.
Production Costs
The total expenses incurred in manufacturing a product or offering a service, including raw materials, labor, and overhead.
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