Legitimate Power

question 74

Multiple Choice

Legitimate power

• A) arises from fear related to the use of force.
• B) arises from a person's knowledge or skills.
• C) comes from the emotions a person inspires.
• D) comes from the position a person holds.

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Definitions:

Asset Turnover Ratio

A financial metric that measures the efficiency of a company's use of its assets in generating sales revenue.

Assets

Economic resources owned or controlled by an individual or entity that are expected to provide future benefits.

Sales

The process of selling goods or services to customers, typically in exchange for money or other forms of compensation.

Acid-Test Ratio

A financial metric used to gauge a company's liquidity by comparing its most liquid assets, without including inventory, to its current liabilities.