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The multiplier means that the response to fiscal policy is completed immediately.
Empowerment
The process of giving employees power and responsibility to make decisions and contribute to the organization's success, often leading to increased job satisfaction and productivity.
Reward Power
A form of power that is based on the ability to distribute rewards that others view as valuable.
Visionary Leadership
A leadership style characterized by the ability to create and articulate a realistic, credible, attractive vision of the future for an organization or company that grows out of and improves upon the present.
Long-Term Plans
Plans that typically look three or more years into the future.
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