Transactional leadership involves a social exchange. It "focuses on interpersonal interactions between managers and employees" (Kreitner & Kinicki‚ 2005 p. 613). In transactional leadership "Leaders are seen as engaging in behaviors that maintain a quality interaction between themselves and followers" (Kreitner & Kinicki‚ 2005 p. 613). The two characteristics of Transactional leadership are: "Leaders use contingent rewards to motivate employees‚ and leaders exert corrective action only when subordinates
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in essence‚ the perspective of the Industrial Age/transactional-style of leader towards their subordinated. Though to be clear‚ there is a distinction to be made between the transactional-style‚ proper‚ and that style as it was in history‚ subject to the social‚ economic‚ technological contexts of the Industrial Era. The transactional leader “does not individualize the needs of subordinates or focus on their personal development. Transactional leaders exchange things of value with subordinates
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Business Law | Contract Analysis | Westwood College | Eric Givens 2/12/2013 | Contract Analysis A contract is a legal document between two or more parties. There are several elements that are necessary in order to make a contract enforceable. The specifics of these various elements may differ from state to state‚ but all seven of the elements must be present in order for the contract to exist. As such‚ if one of these elements is missing‚ a contract can be voided and the parties
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Transactional leadership is more of a management style than a form of leadership. Nevertheless‚ it can be very effective for motivating subordinates and eliciting productivity. There are a few assumptions that go hand-in-hand with transactional leadership. Primarily‚ transactional leadership assumes that people are motivated by rewards‚ they will cede authority to their chosen leaders and fulfill goals and objectives set by their leaders. There are many benefits that come with an organization’s choice
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Diploma in Therapeutic Counselling Unit 5: Transactional Analysis 1 2 1.1 The main theories that underpin Transactional Analysis in relation to counseling are: 1. Theory of communication. This can be applied when analyzing systems and organizations. It can be applied when working in or on‚ for example‚ a company studying the way the workforce and management communicate (or not). If all members of the company are willing to undergo scrutiny and analysis (not necessarily on a deep‚ personal level)
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my 17-year-old son into signing a contract unbeknownst to me. Now that a better business opportunity has presented itself to my company‚ Marshall is using this contact to hinder me from expansion. Implied Contracts Upon discovery and examination of this contract‚ it is apparent all business with Marshall would need to be terminated. This dissolution would cause significant strife between Marshall and I‚ but with just reason. Marshall had an implied contract with my company stating he would heavily
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style is established on deontological ethics whereas transactional leadership is based on teleological ethics. Key Arguments Leader values and transformational/ transactional leadership suggest that a divergent set of ethical values serve as foundations of the respective leadership influence processes. Teleological (utilitarianism) ethics are associated with transactional leadership while deontological (moral altruism or Kantian
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Transactional Theory and Emily Introduction In this Assignment we will be looking at how an understanding of transactional behaviour as theorised by Eric Berne may help with managing a business. This paper is a discussion based on the 6th chapter of the book Management and Organisational Behaviour by Laurie J. Mullins pages 235 - 237. Emily has recently been left to manage her deceased fathers business; she has no previous knowledge of the business or the staff. Emily is currently forming
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Jennifer Young SPCH 1311 February 5‚ 2013 Reflection Paper 1 Transactional Communication Model Communication is unique in the fact that what you intend to relay through your message‚ the verbal or nonverbal relay of information‚ may not be the meaning‚ or understanding the receiver interprets. Several moments in my life stand out as significant‚ but the following example has played the largest role in changing my attitude‚ values‚ and beliefs‚ otherwise known as my field of experience. On
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The instrument used for the data collection in this study is “Transactional Styles Inventory – Managers (TSI - M)” It helps the respondents examine their interaction and transactional styles. Transactional Analysis concepts are quite popular and two basic concepts can be used to understand interaction styles‚ the Ego States and the Existential positions. Transactional Analysis (TA)‚ originated and developed by Eric Berne‚ is a new theory of personality structure and a method of treatment through
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