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The five management styles include autocratic, democratic, laissez-faire, transactional, and transformational. Autocratic management involves making decisions unilaterally, while democratic management encourages team input and participation. Laissez-faire offers employees significant autonomy, transactional focuses on structured tasks and rewards, and transformational inspires and motivates employees through a shared vision. Each style has its strengths and weaknesses, making them suitable for different organizational contexts and team dynamics.

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