Tom Is a Very Charming, Hard-Working, and Dedicated Leader

question 62

Multiple Choice

Tom is a very charming, hard-working, and dedicated leader.Because of these qualities, Tom is most likely to possess which of the following types of power?

• A) Coercive power.
• B) Reward power.
• C) Intuitive power.
• D) Referent power.

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Definitions:

Transaction

An agreement or communication carried out between two or more parties that results in the exchange of goods, services, or money.

Credits

Credits refer to a bookkeeping entry that increases a liability or equity account, or reduces an asset or expense account, reflecting the opposite side of a debit.

Assets

Assets are resources owned or controlled by a business, expected to bring future economic benefits.

Liabilities

Financial obligations or debts owed by a company to outside parties, including loans, accounts payable, and mortgages.