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Felice is in the hotel management field. She rents an apartment near the hotel so she can walk to work. She pays
$1,000 per month for rent. Felice has just been offered a similar position at a different hotel. The salary will be
$14,000 lower, but they do require she live in the hotel to be on call and provide her with suite to live in. Felice has a marginal tax rate of 32%. She will be financially ahead by accepting the new position.
Trait Approach
A theory in leadership that suggests certain inherent personality traits increase the likelihood of successful leadership.
Leadership Status
The position or standing of an individual as a leader, often characterized by their ability to influence and guide others.
Success
Success is the achievement of set goals or objectives, often resulting in a sense of accomplishment and recognition.
Empowering Leadership
A leadership style that seeks to give employees more autonomy, responsibility, and decision-making power in order to increase their sense of empowerment and job satisfaction.
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