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The external takeover market is an effective control mechanism
I..in the US
II..in the UK
III. throughout the world
Situational Leadership Model
A leadership theory suggesting that the most effective leadership style varies according to the situation, and that leaders adjust their styles based on the maturity level of their followers.
Fred Fiedler
A psychologist who developed the contingency theory of leadership, suggesting that the effectiveness of a leader is dependent on both their personal style of leadership and the situation they are in.
Contingency Theory
A management theory suggesting that there is no one best way to organize a corporation, to lead a company, or to make decisions; instead, the optimal course of action is contingent upon the internal and external situation.
Behavioural Styles
Patterns of behavior and interaction that characterize an individual's approach to communication, decision-making, and problem-solving.
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