What type of leadership is characterized by having formal authority granted by a managerial position?

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The correct answer reflects the concept of formal leadership, which is defined by the authority bestowed upon an individual through their managerial role within an organization. This type of leadership relies on positional power, where leaders exercise influence and command over their subordinates due to the responsibilities and privileges tied to their official title.

In formal leadership, the hierarchical structure within the organization plays a crucial role, as it grants leaders the ability to make decisions, allocate resources, and direct their teams based on their assigned roles. This type of leadership typically involves established protocols and policies that guide the behavior and expectations of both leaders and their followers.

Other types of leadership, such as informal leadership, are defined by influence apart from formal authority, often relying on personal skills or relationships rather than positional power. Transactional leadership focuses on the exchanges between leaders and their followers, often emphasizing rewards and punishments to motivate performance, while transformational leadership seeks to inspire and elevate followers through vision and personal connection, rather than formal authority. Hence, the characteristics of formal leadership specifically align with authority granted by a managerial position, making it the appropriate choice for this question.