List and Explain the Five Sources of Power

question 50

Essay

List and explain the five sources of power. Give an example of each.

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Definitions:

Incentive

A reward or benefit that motivates individuals or entities to act in a certain way.

Attendance Policy

A set of rules or guidelines regarding the presence of individuals at a place of employment, school, or other organizations, usually outlining consequences for absence.

Commissions

Fees or percentages earned by agents or companies for facilitating transactions or services.

Trade

The exchange of goods, services, or both between entities or regions.