Advantages and disadvantages of laissez faire leadership

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Advantages and disadvantages of laissez faire leadership The comprehensive article examines the advantages and disadvantages of laissez faire leadership style. It also explores the characteristics of this type of leadership and shows its application in different fields by providing some examples. What is laissez faire leadership? The term ‘laissez-faire’ is French which literally means ‘let them do’. It broadly implies ‘let it be’, ‘let them do as they will’ or ‘leave it alone’. When applied in leadership context, it refers to leaders leaving it to their subordinates to complete their […]

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Ansoff Matrix in Walmart (Walmart growth strategy)

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Ansoff Matrix in Walmart (Walmart growth strategy) This article aims to examine the application of Ansoff Matrix in Walmart. Walmart has implemented several growth strategies over the years to reach the stage where it is now. Those strategies were crafted carefully and produced excellent results; however, some of them failed as well. Market penetration strategies of Walmart Walmart’s market penetration strategy has been very useful to support its continual growth. Its promise of Every Day Low Price (EDLP) has drawn the attention of many customers and helped it penetrate the […]

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SWOT Analysis of Loblaw Companies Ltd

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SWOT Analysis of Loblaw Companies Ltd This is a detailed SWOT analysis of Loblaw Companies Ltd. It aims to provide the readers with insights into the strengths and the weaknesses of Loblaw Companies Ltd. It also aims to examine the future growth opportunities and threats that the company should pay attention to. Loblaw Companies Ltd is the leading food and pharmacy retailer in Canada. It has been in operation since 1919. Strengths of Loblaw Companies Ltd Loblaw Companies Ltd is Canada’s food and pharmacy leader. It has over 2400 stores […]

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PESTEL analysis of Walmart

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PESTEL analysis of Walmart This is an in-depth PESTEL analysis of Walmart. It investigates how Walmart develops and implements its strategies and techniques in response to several powerful forces in the USA, Canada, and other markets. Walmart Inc. is an American retail giant that has operations in many countries. While it operates under the name Walmart in the United States and Canada, it uses different names in some other countries. Political factors affecting Walmart Walmart has largely benefitted from the political stability in the USA, Canada, and some other countries. […]

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Advantages and disadvantages of free trade

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Advantages and disadvantages of free trade This article explores some of the advantages and disadvantages of free trade. It also explores how developing countries in particular benefit and suffer from free trade agreements. Needless to say that the U.S., the UK, the EU, Canada, India, Australia, Turkey, Tunisia, Mexico, South Africa, Norway, and Switzerland are famous for having free trade agreements with each other and/or with many other countries in the world. The U.S. has trade agreements with several countries in Latin America and the Middle East (Buchholz, 2021). What is […]

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Factors influencing a tourist’s choice of destination

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Factors influencing a tourist’s choice of destination This article explores several factors influencing a tourist’s choice of destination. Booking a holiday is never as simple as just picking a location, buying a ticket, and going. Holidaymakers sometimes may not realise it, but a lot of thought goes into getting it right whether they are going abroad or taking advantage of a staycation. A lot of factors influence the ultimate choices that are made in coming up with the perfect experience. Some of them are outlined below: Money One of the […]

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Stakeholders of Unilever (Stakeholder analysis of Unilever)

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Stakeholders of Unilever (Stakeholder analysis of Unilever) This is a detailed analysis of the stakeholders of Unilever. Unilever is a British consumer goods giant which has several stakeholders that can impact on its strategies and operations and can be affected by it as well. It interacts with some of them every single day. It cannot achieve its business goals alone; hence the necessity to engage with the stakeholders. Internal stakeholders of Unilever The main internal stakeholders of Unilever are the members of the leadership team, employees, managers, and shareholders. In […]

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Advantages and disadvantages of transactional leadership

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Advantages and disadvantages of transactional leadership This article examines some of the advantages and disadvantages of transactional leadership style. Other issues examined here are the definitions, characteristics, and examples of transactional leadership. Definition of transactional leadership Transactional leaders cause followers to act in a certain way in return for something the latter want to have (or avoid).  According to St Thomas University (2018), these leaders value order and structure. They focus on results and measure employee success according to their organisations’ system of rewards and penalties. They expect more from their […]

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Advantages and disadvantages of transformational leadership

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Advantages and disadvantages of transformational leadership This article explores some of the advantages and disadvantages of transformational leadership style. Other issues it explores are definition, characteristics, and examples of transformational leadership. Definition of transformational leadership The idea of transformational leadership was developed by James MacGregor Burns.  It first came up in his book ‘Leadership’ in 1978. He used the word ‘transforming’ rather than ‘transformational’. Both terms convey the same meaning. Bernard Bass, the author of Leadership and Performance:  Beyond Expectations, 1985, built on MacGregor Burns’ ideas. He used the term […]

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Advantages and disadvantages of situational leadership

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Advantages and disadvantages of situational leadership This article evaluates some of the advantages and disadvantages of situational leadership style. Blanchard and Hersey developed ‘Life Cycle Theory of Leadership’ in 1969 which was later renamed as Situational Leadership Theory. Definitions of situational leadership style According to St Thomas University (2019), situational leadership adapts to the existing work environment and the needs of the organization. It is widely observed that managers often may have to adjust their style to fit the development level of their followers. The names of Blanchard and Hersey […]

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