What is the theory of comparative advantage?
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What is the advantage of using licensing or franchising as a foreign entry mode?
Assume that you have just been promoted to a new position where you have leadership responsibility. You have never had formal leadership responsibilities before, and you wish to maximize the possibility that you will be successful with this new responsibility. Reflect upon the major leadership theories and models. Develop a Pro and Con list involving at least three of these theories/models. Reflect on each theory and discuss how the theory fits with your own personal style. For example - with a contingency style of leadership, perhaps this would not fit with someone's style if that person believes that all subordinates should be treated identically.Fiedler’s Contingency Theory Situational Leadership Path-Goal Theory of Leadership Vroom and Yetton’s Normative Decision Model (Theory a recent addition to the literature) Transformational leadership Leader-Member Exchange (LMX) Theory Servant Leadership Authentic Leadership