Explain the Difference Between Transactional Leadership and Transformational Leadership

question 161

Essay

Explain the difference between transactional leadership and transformational leadership.

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Definitions:

Collection Process

Procedures followed by a business to collect money owed by customers.

Issuer

The entity responsible for providing a financial instrument or security, such as bonds, shares, or notes, to the market or the public.

Retailer

A business entity that sells goods and services directly to consumers, acting as the final link in the supply chain between manufacturers and end-users.

Credit Card

A payment card issued by a financial company giving the holder an option to borrow funds, typically at point of sale.