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a. Given the following information concerning three stocks, construct a simple average, a value-weighted average, and a geometric average.
Stock Price Shares Outstanding
A $10 1,000,000
B $14 3,000,000
C $21 10,000,000
b. What are averages if each price rises to $11, $17, and $35, respectively?
c. What is the percentage increase in each average?
Personal Power
Refers to the influence or authority an individual possesses that stems from within, often based on competence, skill, or personality, rather than formal position.
Referent Power
A form of influence based on the ability to inspire admiration, respect, or affection from others, often stemming from one's charisma or likability.
Coercive Power
A form of power that is based on the ability to deliver punishments or impose negative consequences on other people.
Legitimate Power
A form of authority derived from an individual's position or role within an organization, granting them the ability to influence others.
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