The type of power derived from a person's skill or knowledge on which others depend is ________ power.
A. referent
B. coercive
C. reward
D. legitimate
E. expert
Answer: E
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Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales as the base. Year 2Year 1Net sales$276,200 $231,400 Cost of goods sold 151,900 129,590 Operating expenses 55,240 53,240 Net earnings 27,820 19,820
A. 23.9% for Year 2 and 23.0% for Year 1. B. 20.0% for Year 2 and 23.0% for Year 1. C. 103.8% for Year 2 and 100.0% for Year 1. D. 36.4% for Year 2 and 41.1% for Year 1. E. 55.0% for Year 2 and 56.0% for Year 1.
The advertised weight on a can of soup is 10 ounces. The actual weight in the cans follows a uniform distribution and varies between 9.3 and 10.3 ounces. a.Give the mathematical expression for the probability density function.b.What is the probability that a can of soup will have between 9.4 and 10.3 ounces?c.What is the mean weight of a can of soup?d.What is the standard deviation of the weight?
What will be an ideal response?
Which of the following is a difference between full-service brokers and discount brokers?
A. Unlike full-service brokers,discount brokers offer the ability to buy and sell foreign securities. B. Discount brokers tend to charge significantly lower commissions than full-service brokers. C. Unlike full-service brokers,discount brokers provide trading advice in addition to carrying out the trade. D. Discount brokers provide a wider range of services than full-service brokers.
Which of the following statements is CORRECT?
A. The shorter a project's payback period, the less desirable the project is normally considered to be by this criterion. B. One drawback of the payback criterion is that this method does not take account of cash flows beyond the payback period. C. If a project's payback is positive, then the project should be accepted because it must have a positive NPV. D. The regular payback ignores cash flows beyond the payback period, but the discounted payback method overcomes this problem. E. One drawback of the discounted payback is that this method does not consider the time value of money, while the regular payback overcomes this drawback.