The Three Kinds of Power Associated with Empowerment Are

question 14

Multiple Choice

The three kinds of power associated with empowerment are

• A)social,political,and psychological
• B)social,political,and economic
• C)social,psychological,and economic
• D)political,psychological,and economic

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Definitions:

Operating Costs

Expenses associated with the normal business operations, including cost of goods sold and operational overhead.

Operating Cost

Expenses associated with the day-to-day functions of a business, including costs for rent, utilities, and payroll.

Useful Life

The estimated period over which an asset is expected to be usable for its intended purpose, affecting depreciation calculations.

Economic Value

A measure of the benefit provided by a good or service to an economic agent, often quantified in terms of willingness to pay or the added utility it offers.