People with a High Need for Power Can Be Successful

question 38

Multiple Choice

People with a high need for power can be successful managers if they

• A) curb their desires when they might interfere with organizational relationships.
• B) lessen alienation with other employees.
• C) have a high need for affiliation.
• D) seek power to increase their standing in the organization.
• E) strive to get along with others.

Grasp the concept of self-perception theory and its real-world applications.

Recognize the significance of locus, stability, and controllability in achievement attributions.

Identify and differentiate between various biases in social perception, such as self-serving bias, actor-observer effect, and ultimate attribution error.

Understand the effects of intergroup attributions and their relation to stereotypes.

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Definitions:

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial gain in excess of the opportunity costs.

Production Costs

Expenses incurred in the process of creating or manufacturing a product, including materials, labor, and overhead costs.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service.

Alternative Goods

Products that serve as substitutes for each other; when the price of one increases, the demand for the other may increase.