The Power of a Leader That Comes from the Respect

question 24

Multiple Choice

The power of a leader that comes from the respect, admiration, and loyalty of subordinates is known as:

• A) reward power.
• B) transient power.
• C) coercive power.
• D) referent power.
• E) virtual power.

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Definitions:

Unit Product Cost

The total cost (both variable and fixed costs) associated with producing a single unit of a product.

Variable Costing

A method of inventory costing that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product costs, excluding fixed manufacturing overhead.

Per Unit

A term that refers to expressing costs, revenues, or any other financial metric on a per unit of production or per unit of sale basis.

Fixed Manufacturing Overhead

These are production costs that do not change with the level of manufacturing activity, such as rent for factory premises.