You Have Been with Your Company and Department So Long

question 90

Multiple Choice

You have been with your company and department so long that every aspect of the operations and equipment is well known to you. A new machine has just been brought into your department and you are the only one who has quickly mastered its application, and everyone is dependent on you for its use. Which of the following follower influencing characteristics are you exercising?

• A) relative power position
• B) locus of control
• C) education and experience

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Definitions:

Purchasing-Power Parity

A theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.

Imperfect Substitutes

Products or services that can replace each other to some extent but are not perfect substitutes due to differences in features, preferences, or qualities.

Transported

The act or process of moving goods or people from one place to another via various modes of transportation like vehicles, trains, ships, or planes.

Consumer Preferences

The subjective tastes and likes that govern the choices made by consumers regarding the purchase of various goods and services.