Path-Goal Theory Identifies Four Types of Behaviors in Which Leaders

question 45

Essay

Path-goal theory identifies four types of behaviors in which leaders can engage in order to motivate their subordinates. Discuss these types of behaviors and give one specific management example of how a manager could act according to each of these.

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Definitions:

Compounded Monthly

Interest calculation method where the interest is added to the principal balance monthly, leading to interest accruing on the previously accumulated interest.

Equal Monthly Payments

Equal monthly payments are fixed payments made each month on a loan or mortgage over a set period of time, designed to pay off both interest and principal gradually.

Car Loan

A financial loan issued for the specific purpose of purchasing a car, typically involving interest and a repayment plan over a set period.

Compounded Semi-Annually

A method of calculating interest where the calculation is done twice a year, and the interest from the first half is added to the principal for the second half calculation.