Which of the Following Statements About Countervailing Power in Organizational

question 13

Multiple Choice

Which of the following statements about countervailing power in organizational relationships is TRUE?

• A)Countervailing power is a personality characteristic of people who crave for power.
• B)Countervailing power is like an umbrella; it prevents anyone else from having any power over you.
• C)Countervailing power is used by the stronger party to prevent the weaker party from leaving the relationship.
• D)Countervailing power is the weaker party's power to maintain the stronger party's continued participation in the relationship.
• E)Countervailing power is one of the ways that people have power by coping with uncertainty.

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Definitions:

Profits and Losses

Profits and losses correspond to the financial gains or losses generated by a company's operations over a specific period, reflecting its economic performance.

Income Tax Expense

The amount of expense that a business recognizes in a given period for the taxes applied on its earnings.

Expired Insurance

The portion of an insurance premium that has been allocated to the expired portion of the policy, representing coverage that has already been provided.

Rent Expense

An expense account that records the cost incurred by a business to rent facilities or equipment for operation purposes.