As Max Weber Saw It, the Essential Difference Between Power

question 46

Multiple Choice

As Max Weber saw it, the essential difference between power and authority is that:

• A) authority is more rational.
• B) people perceive authority as legitimate, rather than coercive.
• C) raw power is always the foundation of justice.
• D) power is more efficient in getting the job done.

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Definitions:

Interest Expense

The amount a company has to spend over time for taking out loans.

Sales Taxes Payable

This account reflects the amount of sales tax collected from customers by a company on behalf of state and local governments, which is to be remitted to those governments.

Remittance

The process of sending payment from one party to another, often from a buyer to a seller or from an employer to an employee.

Liability

An entity's financial obligation or debt, incurred during business operations, that it is obligated to pay to another entity.