What Can a Small Business Owner Do to Ensure That

question 100

Essay

What can a small business owner do to ensure that an internal audit effectively meets his or her goals?

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Definitions:

Leadership Substitutes Theory

A theory proposing that certain characteristics of the situation, task, or subordinates themselves can substitute for leadership, rendering it unnecessary.

Servant Leadership

A leadership philosophy that focuses on serving the needs of others first, prioritizing the well-being and development of employees over other considerations.

Path-goal Leadership Theory

A theory suggesting that the leader's role is to clear the path towards the goal by addressing obstacles and providing support to increase follower motivation.

Directive Leadership

A leadership style characterized by leaders who give instructions, set clear goals, and expect compliance from their subordinates.