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(Table: Central Bank Balance Sheet) In the balance sheet provided, if the central bank did not issue debt (domestic and foreign) , then:
Fiedler
Refers to Fiedler's contingency theory, which posits that leadership effectiveness is contingent upon the leader's style of interaction with group members and the degree of control the leader has over the situation.
Hersey-Blanchard
A situational leadership model developed by Paul Hersey and Kenneth Blanchard that suggests the best leadership style is contingent on the level of followers' maturity.
Contingency Models of Leadership
Contingency models of leadership propose that the effectiveness of leadership is contingent upon the interplay between a leader's style of leadership and the demands of the situation.
Empowerment
The process of enabling or authorizing an individual to think, behave, take action, and control work and decision-making in autonomous ways.
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