Good Managers Build or Enhance Their Position Power by Acting

question 12

Multiple Choice

Good managers build or enhance their position power by acting in which of the following way?

• A) Establishing a broad network of interpersonal contacts and getting involved in the important information flows within them
• B) Taking good care of others who are dependent on them
• C) Becoming known as an influential person in the organisation
• D) All of the options listed
• E) None of the options listed

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Definitions:

Public Good

A good or service offered free of charge to every member of a society by either the government or a private entity or organization, aiming not for profit.

Nonexcludability

Refers to a situation in a market where it's impossible to exclude individuals from using a good or service, often associated with public goods.

Chemical Industry

A sector that produces and sells chemicals and substances obtained by transforming raw materials through chemical processes.

Economic Efficiency

Economic efficiency occurs when all resources are allocated optimally to serve each individual or entity in the best way while minimizing waste and inefficiency.