Discuss the Different Types of Organizational Leaders Identified by Farley

question 34

Essay

Discuss the different types of organizational leaders identified by Farley and Flota. What types of leaders are most successful in terms of group success?

---

Definitions:

Budget Deficits

A financial situation where a government's expenditures exceed its revenue over a specified period, leading to borrowing or debt accumulation.

Recessions

Periods in an economy when business activities reduce, leading to higher unemployment and lower spending and investment.

Inflations

A widespread rise in prices accompanied by a decrease in money's buying power.

Deficits

The amount by which a government, company, or individual's spending exceeds its income over a particular period of time.