What are the five types of power discussed in the textbook? Pick three, out of the five types of power, that you hope your future boss will possess and explain why.
What will be an ideal response?
*Organizational legitimate power—the leader’s officially sanctioned authority to ask others to do things
*Organizational reward Power—the use of incentives to influence the actions of others
*Organizational Coercive power—the means by which a person controls the behavior of others through
punishments, threats, or sanctions
*Personal Expert power—the ability to influence the behavior of others through the possession of
knowledge or expertise on which others depend
*Personal Referent power—the influence a leader gains over others when they desire to identify and be
associated with him or her
*Students explain why they want a boss to have certain types of power
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The first step of strategy implementation is
A. drafting detailed action plans that specify how the strategy is to be implemented. B. establishing a timetable for implementation with precise, measurable goals. C. allocating responsibility for implementation to the appropriate individuals or groups. D. allocating appropriate resources to the responsible individuals or groups. E. revisiting the strategy selection process to confirm the decision.
The Supreme Court holds that where monopoly power exists, tying arrangements are legal as it helps to reduce monopoly power
a. True b. False Indicate whether the statement is true or false
The student body of a large university consists of 60% female students. A random sample of 8 students is selected. What is the probability that among the students in the sample at least 6 are male?
a. 0.0413 b. 0.0079 c. 0.0007 d. 0.0499
What types of accounts are reconciled to determine cash flows from operating activities?
What will be an ideal response?