The Power of a Leader That Comes from the Respect

question 97

Multiple Choice

The power of a leader that comes from the respect and loyalty of subordinates is known as ________ power.

• A)reward
• B)legitimate
• C)coercive
• D)referent

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Definitions:

Residual Value

The estimated value that an asset will realize upon its disposal at the end of its useful life.

Useful Life

The estimated period over which a fixed asset is expected to be usable by a company, beyond which it is considered to depreciate.

Average Rate of Return

A financial ratio that calculates the average annual return an investor can expect over the lifetime of an investment, expressed as a percentage of the original investment.

Residual Value

The estimated value that an asset will have at the end of its useful life, after considering depreciation or amortization.