The success of Wal-Mart is attributed to transactional and transformational forms of leadership. Leaders have always operated in a way that is accommodated by transformational leadership as they directly impact on the lives of individuals in the society. This type of leadership focuses on introducing changes and reforms aimed at makes the lives of people successful and fruitful. On the other hand, Wal-Mart implemented transactional leadership since it emphasizes on the transactions between the top executives and the subordinates. The leaders develop a give and take relationship with the workforce as they have the power to reward or punish Continue reading...