Legitimate,reward and Coercive Powers Are All Forms of Position Power

question 97

True/False

Legitimate,reward and coercive powers are all forms of position power.

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Definitions:

Total Cost

Total Cost encompasses all expenditures incurred by a business in the production of goods or services, including fixed and variable costs.

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of production or output.

Total Variable Cost

The sum of all costs that vary with the level of output produced by a company.

Fixed Costs

Costs that do not vary with the level of production or sales.