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1. Great Man Theory - Great leaders are born, not made
2. Trait Theory - People are born with inherited traits, some of which are suited to leadership
3. Behavioral theory - Leaders can be made, they don't have to be born that way
4. Participative Theory - The leader involves those that he/she is leading in the decision making process
5. Situational Theory - The best action of a leader depends on the range of situational factors
6. Contingency Theory - Ability to lead depends on factors such as the leader's preferred style, and behavior of followers
7. Transactional Theory - People are motivated by reward and punishment
8. Transformational Theory - This leader inspires their people
What are the 8 theories of Leadership?