When a Firm Builds a New Factory, This Is an Example

question 94

Multiple Choice

When a firm builds a new factory, this is an example of an investment in:

• A)human capital.
• B)physical capital.
• C)the market.
• D)research and development.

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Definitions:

Assertiveness

The quality of being self-assured and confident without being aggressive in expressing one's rights, desires, or opinions.

Referent Power

A type of influence based on the loyalty or respect one commands from others due to personal traits or integrity, rather than formal authority.

Expert Power

The influence one possesses as a result of experience, special skill, or knowledge in a particular field.

Reward Power

The capacity to influence others through the distribution or promise of benefits and incentives.