Highly competitive and dynamic market environments

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1. Industry life cycle consists of introduction, growth, maturity, and decline. Your business is currently moving from the growth stage to the maturity stage that generate stabilized cash flows and a lot of loyal customers. Among charismatic, transformational, and transactional leaderships, which leadership is most appropriate in this situation to maintain a competitive advantage? Provide your rationale.

2. Drawing on both Job Characteristics Model and Maslow's hierarchy model of needs, explain how feedback from managers works as a source of a firm's competitive advantage in highly competitive and dynamic market environments. Be sure to combine two theories professionally.

Reference no: EM132191577

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