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Based on Path-Goal Theory There Are Four Styles of Leadership

question 16

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Based on path-goal theory there are four styles of leadership, all styles are truly identified as a leadership style besides:


Definitions:

Monopolistically Competitive Market

A market structure characterized by many firms selling similar but not identical products, with each having some control over its own prices.

Economic Profit

The profit a company makes after subtracting both its explicit and implicit costs.

Monopolistically Competitive Industry

An industry characterized by many firms, differentiated products, and free entry and exit.

Market Share

The fraction of the total industry output accounted for by a given producer’s output.

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