Which Statement Is an Example of McClelland's Perspective of Power

question 45

Multiple Choice

Which statement is an example of McClelland's perspective of power?

• A) It is not so much how power is used but rather the base of power that is important.
• B) All managers should receive training in the effective use of power.
• C) Power and the use of politics to increase power inevitably will have negative effects on the organization.
• D) When power is used for the good of a group,it is positive.

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Definitions:

Bond Premium

The amount by which the market price of a bond exceeds its principal amount or face value, typically as a result of changes in interest rates.

Interest Expense

The expenses an entity faces for borrowing funds, encompassing payments for loans, bonds, or credit lines.

Effective Rate

Refers to the real rate of interest earned or paid on an investment, loan, or other financial product, adjusted for the effect of compounding over a given period.

Return Required

The minimum expected rate of return on an investment necessary for an investor to consider it worthwhile.