What does transactional leadership involve?

A) Contingent reward and punishment behaviour
B) Contingent reward behaviour and management by exception
C) Management by exception and laissez-faire leadership
D) Contingent reward behaviour and laissez-faire leadership
E) Contingent punishment behaviour and laissez-faire leadership

Transactional Leadership

A leadership style that focuses on the exchange between leader and followers, where leaders offer rewards for achievement and punishment for failure.

Management By Exception

A management strategy where managers intervene only when their employees' performance deviates significantly from standards, focusing on exceptions to normal work rules.

Laissez-faire Leadership

A leadership style characterized by minimal direct supervision, with leaders providing teams with a high degree of autonomy and trust to make decisions.