TOPICLeader Member Exchange(LMX) 1. Explain this theory briefly. There are three phases: -stranger phase -acquaintance phase -mature partnership...

TOPIC：Leader Member Exchange(LMX)

1. Explain this theory briefly.

2. There are three phases:

-stranger phase

-acquaintance phase

-mature partnership phase

3. How does LMX theory approach works

- strength

- criticisms

- applications

Need to Mention "leadership making model (Graen & Uhl- Bien)"

4. Apply ONE real example from the real business world to this theory analysis