_____ Authorizes People at the Highest Levels in an Organization

question 49

Multiple Choice

_____ authorizes people at the highest levels in an organization to make a decision and expect compliance.

• A) ​Referent power
• B) ​Legitimate power
• C) ​Prestige power
• D) ​Expert power

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Definitions:

Stock Investments

Financial assets representing ownership in a company or corporation, typically bought and sold on stock exchanges.

Investee

A company or entity in which an investor holds a minority interest, typically through the ownership of shares.

Net Loss

This occurs when a company's expenses exceed its revenues during a specific reporting period, resulting in a negative profit.

Net Income

The remainder of a company's revenue after deducting all expenditures and taxes, known as net profit.