Which of the Following Individuals Best Represents a Person with Referent

question 9

Multiple Choice

Which of the following individuals best represents a person with referent power?

• A) John,the finance head,is the deciding authority on various organizational activities.
• B) Harry,a marketing manager,often punishes his subordinates when they fail to follow the organization's rules and regulations.
• C) Vinita,an executive,has a great personality and everyone in the organization respects and admires her for her intelligence.
• D) Susan,a team lead,motivates her team members by giving them incentives and promotions on improved performance.

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Definitions:

Credit Terms

Credit terms are the conditions under which a seller extends credit to a buyer, detailing the repayment period, discount for early payment, and penalty for late payment.

Merchandise

Products or goods that are bought and sold by businesses.

Discount Period

The time frame in which a discount is available for early payment of an invoice.

Implied Annual Interest Rate

The interest rate not explicitly stated but inferred from the terms of a financial instrument over a one-year period.