Which of the Following Statements Is Most Likely True About

question 8

Multiple Choice

Which of the following statements is most likely true about legitimate power?

• A) It is the capacity to influence others by virtue of formal authority or the rights of office.
• B) It is the ability to motivate and inspire others by force of personal traits.
• C) It is the capacity to punish as a means of influencing others.
• D) It is the capacity to influence others because of well-developed reasoning and problem-solving ability.

List and explain the utilities offered by retailers.

Understand the economic and consumer value provided by retailing.

Analyze the retailing mix and its strategic application.

Understand the concept and structure of marketing channels.

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Definitions:

Chief Executive

This term refers to the highest-ranking officer in an organization, responsible for making major corporate decisions.

Influence

The capacity or power of individuals to effect change in the behavior, opinions, or decisions of others through direct or indirect means.

Leader

An individual who guides or directs a group by influencing behaviors, attitudes, or the environment to achieve a common goal.

Manager

An individual responsible for controlling or administering all or part of a company or similar organization.