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behavioral theory
Behavioral theory is based on the premise that behaviors are conditioned as a result of experiences with the environment; anyone can be trained to behave in a preferred way.
contingency theory
A contingency is a future event or circumstance that cannot be predicted with absolute certainty.
Transactional theories
Transactional leadership focuses on supervision, organization, and performance. Rewards and punishments are used. It works best in organizations where there are linear processes and employees know their jobs well.
The full-range theory of leadership
is a component of transformational leadership, which enhances motivation and morale by connecting the employee's sense of identity to a project and the collective identity of the organization.
4 major components of Full-Range Theory
efficiency
To do something in a way that achieves the maximum level of productivity with a minimum level of wasted expense or effort
effectiveness
To do something in a manner to achieve the best possible result
5 fundamental management functions
planning
organizing
leading
coordinating
controlling.
Business Indicators
Business indicators are numbers that may indicate a positive or negative trend. Examples include demand for product, profit margin, revenue, professional development levels of workforce, market share, amount of debt, and deals finalized by the sales team.
Organizational hierarchy
The organizational hierarchy can be made up of top managers, middle managers, first-line managers, and team leaders.
Which function is a manager performing when developing the department’s annual budget?
Organizing
"Great Man" theory of leadership
"Great Man"
A nineteenth-century theory that states that history is largely explained by the effect of great men or heroes and their superior intellect and other attribute
theory of leadership
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