Which of the Following Statements About the Need for Power

question 88

Multiple Choice

Which of the following statements about the need for power is FALSE?

• A) People with high power needs tend to be high performers.
• B) People with high power needs tend to have good attendance records.
• C) Most supervisors do not have a high need for power.
• D) More successful managers have higher power needs than do less successful managers.
• E) The need for power is the desire to be influential and to control one's environment.

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Definitions:

Payback Period

An alternative metric to calculate the duration required for an investment to recoup its initial costs, measuring the risk and efficiency of the investment.

Initial Cost

The initial expenditure required to acquire an asset or to start a project, including purchase price and any associated set-up fees.

Investment

Allocation of resources, usually money, in order to generate income or profit.

Cash Flows

The total amount of money being transferred into and out of a business, especially regarding liquidity.