Describe Two Major Behavior Approaches to Leadership

question 73

Essay

Describe two major behavior approaches to leadership.

Recognize the importance of team composition and the attributes that define it.

Define and explain the phenomena of groupthink and its impact on team decision-making.

Describe the differences between teams and groups within an organization.

Understand the concept and implications of process loss in team effectiveness.

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Definitions:

Months

Units of time used in calendars that approximate the natural period of the lunar month; usually considered to be about 30 days long.

Future Value

An asset or cash's value on a particular date in the future, matching the value of a specified amount now.

Interest Rate

The percentage of an amount of money charged for its use over a specified period.

Cash Flows

Refers to the total amount of money being transferred into and out of a business, especially affecting liquidity.