Which of the Following Statements About Countervailing Power in Organizational

question 130

Multiple Choice

Which of the following statements about countervailing power in organizational relationships is TRUE?

• A)Countervailing power is like an umbrella; it prevents anyone else from having any power over you.
• B)Countervailing power is used by the stronger party to prevent the weaker party from leaving the relationship.
• C)Countervailing power is the weaker party's power to maintain the stronger party's continued participation in the relationship.
• D)Countervailing power is one of the ways that people have power by coping with uncertainty.
• E)Countervailing power is a personality characteristic of people who crave power.

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Definitions:

Political Actions

Events or decisions by government bodies that can affect the economy or specific industries, potentially impacting investment values.

Spot Trade

A transaction that involves the immediate exchange of financial instruments or commodities.

Rupees

The official currency of India, symbolized as INR and used also in other South Asian countries.

International Fisher Effect

A theory proposing that the difference in nominal interest rates between two countries is equal to the expected change in their exchange rates.