Managers Who Are Competitive and Create Friction Among the Other

question 14

Multiple Choice

Managers who are competitive and create friction among the other managers in organizations are driven by the need for what kind of power?

• A) Affiliative power
• B) Fiscal power
• C) Institutional Power
• D) Personal Power

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Definitions:

EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure used to evaluate a company's profitability without the effects of financing and accounting decisions.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating how much revenue contributes to fixed expenses and profit.

Internal Decision-making

The process within an organization to choose actions among several alternatives based on policies, procedures, or the managerial judgment.

Contribution Margin

The difference between sales revenue and variable costs, representing the portion of sales that helps cover fixed costs.