Lou,a Middle Manager at Perth-Based New Generation Corporation,uses Threats and Punishments

question 41

Multiple Choice

Lou,a middle manager at Perth-based New Generation Corporation,uses threats and punishments as ways of influencing the behaviour of his subordinates.Which of the following sources of power is Lou relying on?

• A) Reward power
• B) Personal power
• C) Expert power
• D) Referent power
• E) Coercive power

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Definitions:

Strategic Behavior

The actions taken by companies or individuals in anticipation of their rivals' actions and reactions to maximize their own benefits.

Influences Market Price

Factors or conditions that affect the selling price of goods or services in a market, including supply, demand, competition, and external economic conditions.

Barriers

Obstacles or impediments that prevent or hinder progress, such as trade barriers which can restrict the flow of goods between countries.

Control Over Price

The ability of a company or market to influence or set the price of goods and services.