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Why is it important for an entrepreneur, about to launch a business, to perform a break-even analysis? Describe the steps in calculating it.
Transformational Leadership Model
A style of leadership where leaders work with subordinates to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of a group.
Idealized Influence
A leadership style where the leader serves as a strong role model, inspiring respect and trust through a demonstration of high ethical standards.
Leader Substitutes
Factors in a work environment that diminish the need for a leader, such as highly knowledgeable teams or comprehensive work processes.
Transformational Leadership Model
describes a leadership approach that causes change in individuals and social systems, inspiring followers to exceed their own interests for the good of the group or organization.
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