Match the Term with Its Definition

question 132

Essay

Match the term with its definition.
a.Asset-based loan
b.Basis point
c.Chattel mortgage
d.Equipment loan
e.LIBOR (London InterBank Offered Rate)
f.Line of credit
g.Prime rate
h.Purchase-order financing
i.Term loan
-An informal agreement between a borrower and a bank as to the maximum amount of funds the bank will provide an any one time

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Definitions:

Referral Power

The influence one has by recommending or referring others for jobs, promotions, or social inclusion, often based on network or relationships.

Coercive Power

The ability of a person to force another to comply with demands or obligations through threats or punishment.

Leader's Power

Refers to the capacity of a leader to influence the behavior of others or the course of events.

Traditional Managers

Managers who follow established and conventional management practices, focusing on hierarchy and organizational structures.