Legitimate Power Is Directly Based on ________

question 5

Multiple Choice

Legitimate power is directly based on ________.

• A) charisma of the leader
• B) interpersonal trust and commitment of the manager
• C) structural position of the manager in the organization
• D) personality traits of the manager
• E) ability of the manager to serve his or her subordinates

Understand the concepts of public goods, including non-excludability and non-rivalry.

Calculate individual and societal willingness to pay for public goods.

Distinguish between public and private goods and understand their characteristics.

Explain the occurrence and implications of externalities in market outcomes.

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Definitions:

Pay Raises

An increase in an employee's salary or wages, often based on performance, promotion, or inflation adjustments.

Staff Function

Support roles within an organization that provide specialized advice and assistance to line management.

Operations Department

The division within a company that is responsible for producing goods or services efficiently and effectively.

Civil Rights Act of 1964

A landmark piece of federal legislation in the United States that prohibits discrimination on the basis of race, color, religion, sex, or national origin.