The Use of a Credit Card Is Most Similar to

question 41

Multiple Choice

The use of a credit card is most similar to

• A)paying with a check.
• B)an ACH (automatic clearinghouse) transaction.
• C)purchasing a certificate of deposit.
• D)obtaining a short-term loan.

---

Definitions:

Representative Power

The formal right conferred by the firm to speak for and to a potentially important group.

Personal Power

Describes an individual's ability to influence or control the circumstances of their own or others' lives.

Formal Hierarchy

A formal hierarchy is an organizational structure where individuals and groups are ranked according to levels of authority, responsibility, and status within the organization.

Zone Of Indifference

A range within which attempts to influence a person will be perceived as legitimate and accepted without critical thought.