When a Top Manager Decides to Hire an Individual Over

question 65

Multiple Choice

When a top manager decides to hire an individual over the objections of her staff, she is exercising which kind of power?

• A)Coercive
• B)Referent
• C)Legitimate
• D)Expert

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Definitions:

Projected Cost

An estimate of the total expenses expected to be incurred for a particular project or activity in the future.

Revenue Conditions

Refers to the factors that impact the revenue generation capabilities or situations of a business.

Liquidity Ratio

Financial metrics used to determine a company’s ability to pay off its short-term debts obligations with its liquid assets.

Generate Cash

The processes and strategies employed by businesses to increase liquidity and ensure sufficient funds are available for operational needs and investments.