Wanda, a Team Leader, Is Managing the Critical Role of Selling

question 6

Multiple Choice

Wanda, a team leader, is managing the critical role of selling company assets to raise cash and has, therefore, gained prominence. Which of the following is the explanation for the source of power Wanda is exercising?

• A) Strategic contingency theory
• B) Prestige power
• C) Power stemming from being close to power
• D) Power stemming from ownership

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Definitions:

Oil

A viscous liquid derived from petroleum, natural gas, or plants, used as fuel or as a base for lubricants and various manufacturing processes.

Interest Rate

The part of a loan affected by interest charges to the borrower, often expressed as an annual percentage of the loan's outstanding total.

Investment

The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.

Compound Interest

Interest calculated on a loan or deposit, taking into account the original principal as well as the interest that has accumulated in past periods.