Compare the Following Approaches to Leadership: Charismatic, Transactional, and Transformational

question 23

Essay

Compare the following approaches to leadership: charismatic, transactional, and transformational.

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Definitions:

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, used in the operations of a business and not expected to be converted to cash in the short term.

Balanced Scorecard

A system for strategic planning and management designed to synchronize business actions with the organization's strategy and vision, bolster communication within and outside the organization, and oversee the performance of the organization in relation to its strategic targets.

Organizations

Entities composed of individuals working together to achieve specific goals or objectives.

Implement

To put into action; execute a plan or procedure.