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The Financial Pyramid Model Is Equally Applicable to Everyone

question 4

True/False

The financial pyramid model is equally applicable to everyone.


Definitions:

Expert Power

Expert power is the capacity to influence other people because of specialised knowledge.

Referent Power

A form of influence based on the leader's personal traits, where followers identify with and want to emulate the leader.

Personal Power

The ability of an individual to influence others or events based on personal attributes or knowledge.

Visionary Leadership

Visionary leadership brings to the situation a clear sense of the future and an understanding of how to get there.

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