Examlex
The path-goal approach to leadership is based on expectancy theory and postulates that the basic role of the leader is to enhance follower motivation so that the followers are able to experience need gratification.
Economic Theory
A set of principles and models that seeks to explain how economies work and the behaviors of economic actors.
Real-world Events
Occurrences or developments that happen in the physical world, beyond theoretical or hypothetical situations.
Assumptions
Premises or conditions accepted as true without proof, used as bases for reasoning or an argument.
Secondary Effects
The indirect impacts that follow the primary effects of a decision or action in economics, often unforeseen or unintended.
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