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Transformational leaders engage in individualized consideration, which includes behaviors such as sacrificing for the good of the group, being a role model, and displaying high ethical standards.
Adam Smith
An 18th-century Scottish economist known as the father of modern economics, renowned for his theories on free markets and the division of labor.
Scientific Management
A theory of management that analyzes and synthesizes workflows to improve economic efficiency and labor productivity.
Training Costs
Expenses associated with the development and delivery of training programs to employees, aiming at enhancing their skills and knowledge for better job performance.
Employee Aptitudes
The natural talents or abilities that individuals possess, which may influence their performance and roles within a workplace.
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