According to the Leader-Member Exchange Theory, the Two General Types

question 55

Multiple Choice

According to the leader-member exchange theory, the two general types of leader-member dyads are:

• A)role taking exchange and role selling exchange.
• B)high-quality exchange and low-quality exchange.
• C)intrinsic and extrinsic.
• D)role making and role selling.
• E)participating exchange and observing exchangE.Over time, the role taking and role making processes result in two general types of leader-member dyads.One type is the "high-quality exchange" dyad, marked by the frequent exchange of information, influence, latitude, support, and attention.The other type is the "low-quality exchange" dyad, marked by a more limited exchange of information, influence, latitude, support, and attention.

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Definitions:

Customer Demand

The requirement for products or services from end consumers at any given time.

Competitors Actions

Strategies and activities undertaken by companies within the same industry or market to gain a competitive advantage or respond to each other's moves.

Strategic Definitions

Refers to the clear explanations of strategic concepts that guide a business's goals, decisions, and actions.

Product Lines

A group of related products marketed under a single brand name by the same company.