Which of the Following Is True of Expert Power

question 18

Multiple Choice

Which of the following is true of expert power?

• A) Managers with expert power establish an atmosphere of creativity by demanding complete obedience.
• B) Expert power tends to be best used in a guiding or coaching manner.
• C) Expert power is based on the special knowledge and skills that subordinates possess and managers don't.
• D) Expert power is innate and cannot be acquired or developed through experience.
• E) Employees seldom trust managers with expert power.

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Definitions:

Present Value

The current financial valuation of a sum of money due in the future or stream of income, based on a specific interest rate.

Future Value

The worth of an investment or cash flow at a specified future date, based on an assumed rate of growth over time.

Opportunity Cost

Opportunity cost refers to the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Resource

In finance, a resource refers to any financial asset or input that can contribute to a firm's ability to create goods, services, or further financial gains.