<Ul> <Li> Contingent reward provides rewards, materialistic or psychological, for effort and recognizes good performance . </Li> <Li> Management - by - exception allows the leader to maintain the status quo . The leader intervenes when subordinates do not meet acceptable performance levels and initiates corrective action to improve performance . Management by exception helps reduce the workload of managers being that they are only called - in when workers deviate from course . </Li> </Ul> <Li> Contingent reward provides rewards, materialistic or psychological, for effort and recognizes good performance . </Li> <Li> Management - by - exception allows the leader to maintain the status quo . The leader intervenes when subordinates do not meet acceptable performance levels and initiates corrective action to improve performance . Management by exception helps reduce the workload of managers being that they are only called - in when workers deviate from course . </Li> <P> This type of leader identifies the needs of their followers and gives rewards to satisfy those needs in exchange of certain level of performance . </P>

Explain leadership and state different styles of leadership