Application of Bases of Power

question 122

Multiple Choice

Application of Bases of Power
Jerri is confused. She thought that once she had the title of manager, everyone would listen to her and accept her authority and power. However, she has noticed other employees that seem to have power. Whenever someone has a question about the computer system, they always go to Helen who actually established the current system they are using. Usually Helen can get things up and running quicker than going to the support staff for help. Then there is Joe who has a remarkable amount of charm and charisma. He seems to have a power based simply upon him. Then there is Jill, her secretary, who has a power entirely of her own. Jill turns in the timecards weekly, and Jerri has seen her more than once override the time clock and clock somebody in earlier than they actually arrived or clock out for them when the employee left work early. When Jerri questioned her about it, Jill just laughed and said that they had been doing it for years and the time all averaged out. The company allowed no overtime so any extra time spent after work was not compensated. Jerri sometimes wonders if she has any power at all.
-Jerri's success as a manager depends on acquiring and appropriately utilizing

• A)legitimate and referent power.
• B)expert power.
• C)reward power and coercive power.
• D)all sources of power.

Apply the concept of annual percentage rate (APR) and effective annual rate (EFF) to assess the true cost of borrowing.

Calculate the rate of return earned on annuity investments and understand the impact of timing on cash flows.

Understand the implications of simple interest and how it is calculated over different time periods.

Apply the perpetuity formula to calculate both the present value of perpetuity payments and the payments needed to achieve a certain rate of return.

---

Definitions:

Alcohol Use

Alcohol use refers to the consumption of beverages that contain ethyl alcohol, which can range from moderate drinking to sustaining alcohol dependency or abuse.

Condoms

Barrier devices used during sexual activity to reduce the risk of sexually transmitted infections and prevent pregnancy.

Dental Dams

Thin, square pieces of latex or silicone used to prevent the spread of infections during oral surgeries or oral sex.

Sexually Transmitted Infection

Diseases spread via sexual intercourse, resulting from bacteria, viruses, or parasites.