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a. Transactional leadership b. Transformational leadership c. Charismatic leadership d. Visionary leadership
(A) TRANSACTIONAL
In transactional leadership, rewards and punishments are contingent upon the performance of the followers. The leader views the relationship between managers and subordinates as an exchange - you give me something for something in return. When subordinates perform well, they receive a reward. When they perform poorly, they will be punished in some way. Rules, procedures, and standards are essential in transactional leadership.
Transactional leaders monitor followers carefully to enforce rules, reward success and punish failure.
While transactional leadership can be useful in some situations, it is considered insufficient in many cases and may prevent both leaders and followers from achieving their full potential.