The Tactics That Managers Use to Increase Their Power and to Use

question 24

Multiple Choice

The tactics that managers use to increase their power and to use it to gain the support of others within the organization are known as:

• A)Benchmarks
• B)Organizational politics
• C)Distributive negotiations
• D)Integrative bargaining
• E)Political strategies

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Definitions:

Return on Investment

A financial ratio used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.

Investment Centres

Business segments or units within an organization that are responsible for their own revenues, expenses, and asset investments.

Performance Evaluation

The systematic assessment of an employee, process, or organization's performance, usually against set objectives or criteria.

Return on Equity

A measure of financial performance calculated by dividing net income by shareholder equity, indicating how efficiently a company uses its equity to generate profit.