Final answer:
Hollander's approach to leadership is called transactional leadership, which focuses on supervision and organizational goals through a system of rewards and punishments.
Step-by-step explanation:
Hollander's approach to leadership is called transactional leadership. In transactional leadership, the focus is on supervision and organizational goals, which are achieved through a system of rewards and punishments. Transactional leaders maintain the status quo and are managers, unlike transformational leaders who possess attributes like charisma, inspiration, intellectual stimulation, and consideration.