Examlex
Which of the following is correct with respect to a bank reconciliation?
Transactional Leader
A leadership style focused on the exchange between leader and followers, where compliance is exchanged for specified rewards.
Transformational Leader
A leadership approach that causes change in individuals and social systems, by creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group.
Leadership Substitutes Theory
A concept suggesting that certain characteristics of the organization, task, or subordinates themselves can diminish or replace the need for leadership.
Situational Leadership Theory
A leadership model that proposes the effectiveness of leadership styles varies depending on the readiness and competence of the followers.
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