A Manager with a High Need for Personal Power

question 10

Multiple Choice

A manager with a high need for personal power

• A)will be the most effective manager.
• B)will avoid using organizational politics.
• C)will avoid using that power to influence others.
• D)will use their power for personal gain.
• E)will not be concerned with status symbols.

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Definitions:

Monthly Payment

Periodic payments made towards loans, typically calculated monthly, covering interest and principal repayment.

Rate of Return

The rate of return is a measure of the profitability of an investment, calculated as the percentage of the total amount of returned income to the amount of the investment’s initial cost.

Annual Dividend

An annual profit sharing from a corporation to its shareholders, usually in the form of a payment.

Future Value

The future financial worth of an asset or cash that equates to a designated current sum.