Which Kind of Power Is Derived from the Person's Ability

question 166

Multiple Choice

Which kind of power is derived from the person's ability to control the allocation of valued resources and to remove negative sanctions?

• A)Allocative power
• B)Coercive power
• C)Reward power
• D)Ingratiation.
• E)All of the above

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Definitions:

Expected Rate of Return

The anticipated amount of profit or loss an investment is likely to generate, typically expressed as a percentage of the investment's initial cost.

R&D Expenditure

Refers to the funds allocated by a business or government for the purpose of researching and developing new products, processes, or services.

Added Profit

The additional profit gained from making changes to the production process or selling strategy, beyond the usual or expected profit levels.

Fast-Second Strategy

An approach by a dominant firm in which it allows other firms in its industry to bear the risk of innovation and then quickly becomes the second firm to offer any successful new product or adopt any improved production process.