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Path-Goal Theory Contributed to the Recognition of Substitutes for Leadership

question 81

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Path-goal theory contributed to the recognition of substitutes for leadership.


Definitions:

Managerial Finance

The branch of finance that focuses on the managerial significance of financial techniques, analysis, and decisions for an organization.

Severe Recession

A prolonged period of economic decline characterized by a significant drop in economic activity, high unemployment, and a contraction in the GDP.

Retail Toy Store

A business that specializes in selling toys directly to consumers.

Heuristics

Shortcuts or rules of thumb used to make decisions.

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