Examlex
Add-on refers to the other costs that rise when wage rates are increased.
Laissez-Faire Leader
A leadership style characterized by minimal supervision, where followers are given a high degree of freedom in their decision-making processes.
Situational Leadership Model
A leadership theory proposing that the most effective leadership style varies according to the situation and the maturity level of the followers.
Delegating Leader
A leader who assigns responsibility and authority to others, enabling them to make decisions.
Transformation Approach
A leadership perspective focusing on the connections and interactions between leaders and followers to raise each other to higher levels of motivation and morality.
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