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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.
Automobile
A wheeled motor vehicle used for transportation, typically carrying a small number of people and running on roads.
Market Share
The percentage of total sales volume in a market captured by a brand or company, serving as an indicator of competitiveness and market presence.
Return On Investment
A financial metric used to evaluate the efficiency of an investment, calculated by dividing the profit gained from an investment by the cost of the investment.
Experience Curve
A concept that suggests that as a company gains experience in producing a product or service, its unit production costs decrease due to learning and efficiencies.
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