Answer: Provided in the explanation section
Step-by-step explanation:
Transactional Leadership - This leadership style is mainly focused on the transactions between the leader and employees. If the employees work hard, achieve the objectives and deliver the results, they are rewarded through bonuses, hikes, promotions etc. If the employees fail to achieve the desired results, they are punished by awarding lower ratings in the performance appraisal, denying opportunities etc.
In this style, leader lays emphasis on the relation with the followers.
It is a reactive style where the growth of the employee in the organization completely depends on the performance with respect to the activities and deliverables.
It is best suited for regular operations and for a settled environment by developing the existing organizational culture which is not too challenging.
It is a bureaucratic style of leadership where the leader concentrates on planning and execution rather than innovation and creation.
A transactional leader is short-term focused and result oriented. He/she doesn't consider long-term strategic objectives regarding the organization's future.
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