Examlex
As a financial manager at Marshall Manufacturing, Chase is exploring sources of long-term funds to finance the construction of Marshall's newest plant. Chase would prefer a funding source that does not require interest payments or involve major underwriting fees. Chase will consider using retained earnings to fund the construction project.
Transformational Model
A leadership approach that seeks to create significant change in the organization through inspiring, motivating, and guiding followers to exceed their own interests for the sake of the organization or a greater cause.
Stimulates Follower Identification
Encourages individuals to align themselves with or see themselves as part of a group, leader, or movement.
Authentic Leadership Component
An element of leadership focused on honesty, integrity, and transparency, where leaders are true to themselves and their values.
Raises Optimism
Enhancing positive expectations about the future or the successful outcome of specific endeavors or overall circumstances.
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