Your Team Has Been Put in Charge of a Major

question 105

Multiple Choice

Your team has been put in charge of a major project involving a client.Although the organization has many clients,this is the largest source of revenue and affects the work of several other teams in the organization.The project requires continuous involvement with the client,so any problems with the client are immediately felt by others in the organization.According to the model of power,your team has:

• A)very little power in the organization.
• B)a high degree of centrality.
• C)a high degree of substitutability.
• D)a low level of visibility.
• E)a lot of referent power.

---

Definitions:

Credit Risk

The possibility that a borrower may not repay a loan or meet contractual obligations, leading to financial loss for the lender.

Financial Information

Data relating to the monetary performance, position, and cash flows of an organization, useful for making economic decisions.

Organization

Structured group of people working together to achieve common goals.

Accountants

Accountants are professionals who perform accounting functions such as audits or financial statement analysis according to prescribed methods.