Asked by
Balqis Nadhirah
on Oct 21, 2024Verified
One of the implications of the LMX theory is that the nature of the exchange is determined by the leader and based on some presumed characteristic of the follower.
Nature of the Exchange
Nature of the Exchange refers to the characteristics and dynamics of the interaction or transaction between parties, often analyzed in contexts of social, economic, or business relationships.
- Grasp the Leader-Member Exchange (LMX) theory, including the concepts of in-group and out-group.
Verified Answer
AC
Learning Objectives
- Grasp the Leader-Member Exchange (LMX) theory, including the concepts of in-group and out-group.