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Describe LMX Theory and How Its Relevance to Management

question 43

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Describe LMX theory and how its relevance to management.


Definitions:

Career Cycle

The progression of an individual's work life and career development stages, from initial employment to eventual retirement.

Reward Allocation

The process of distributing financial and non-financial rewards among employees in an organization, based on their performance, effort, or position.

Cultivate Desirable Behavior

The process of encouraging and developing positive actions or conduct through reinforcement and education.

Frequency Of Behavior

The number of times a specific action or behavior is exhibited over a given period.

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