Effective Leaders

question 57

Multiple Choice

Effective leaders:

• A) Choose just one key source of power and influence
• B) Tend to limit these types of influence and use more legitimate means
• C) Usually do not have reason to use more than one of these types of power at a time
• D) Make use of all seven sources of power, often in combination

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Definitions:

Price

The amount of money required to purchase a product or service.

Demand Curve

A graphical representation showing how the quantity demanded of a good or service varies with its price.

Linear

A mathematical relationship or function that can be graphed as a straight line, representing a constant rate of change.

Good Z

A hypothetical product used in economic theory to illustrate concepts.