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What typically rises during a recession?
Fiedler's Contingency Theory
A leadership theory suggesting that no single leadership style is optimal; instead, the effectiveness of a leader depends on the match between the leader's style of interacting with subordinates and the degree of control and influence the situation provides the leader.
Relationship-oriented Style
A leadership approach focused on building strong interpersonal relationships within a team or organization.
Task-oriented Style
A leadership approach focused on the efficient completion of tasks and objectives, often emphasizing clear roles, structured activities, and productivity.
Club Good
A type of good that is excludable and non-rivalrous, meaning access can be limited by a fee or membership but one person's use does not significantly diminish availability to others.
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