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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 4 Discussion 1_...
The internal rate of return is the IRR, described as a discount rate that makes the NPV cash flow 0. In this way, it is the rate at which a project pays for a period of time, which makes the cash disc...

Week 4 Discussion 1
Week 4 Discussion 1

The internal rate of return is the IRR, described

Week 5 Participation...
I think that corrective action is important while meeting company objectives because of the ways in which error percentage can get enhanced while implementing formulated organizational strategies. The...

Week 5 Participation 5
Week 5 Participation 5

I think that corrective action is important while

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As per the claim of the small government, contracting out decreases the size of the government, as fewer people are on the payroll of the government. In 2002, 5 million contractors replaced 107 millio...

Discussion 11
Discussion 11

As per the claim of the small government, contract

Self-Assessment Exercise

Self-Assessment Exercise

Q Based on this exercise, what was your most predominant leadership style? Is this consistent with what you would have predicted in advance?According to situational leadership theory, in what kinds of situations would this style be most appropriate? Have you ever found yourself in such a situation, and if so, how well did you do?Do you think that it would be possible for you to change this style if needed? What challenges would you confront in attempting to do so?How did the traits identified in this exercise compare to those described in Table 11.2 (p. 339) as important determinants of leadership? Were they similar or different? Why?To what extent were the traits identified in the various groups different or similar? In other words, were different characteristics associated with leadership success in different walks of life? Or, were the ingredients for leadership success universal?

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Based on the exercise, it can be stated that my predominant leadership style is charismatic leadership as I can transform the beliefs and attitudes in employees. Charismatic leadership has the power to motivate and influence the team members towards the goal of organization (Greenberg, 1996). This is consistent with what I predicted in advance. I always prefer to listen to my team members before making the final decision and the members always are influenced by me and they are often dependent on me for making a perfect decision.