As Organizations Rely Increasingly on Knowledge Rather Than on Machines

question 143

Multiple Choice

As organizations rely increasingly on knowledge rather than on machines and physical resources as the means of production,employees:

• A) are gaining expert power in the workplace.
• B) are losing any power in the labour market.
• C) are gaining more referent power in the workplace.
• D) are becoming more tolerant of their boss's legitimate power.
• E) are becoming less willing to use organizational politics to get their way.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership stakes in the company.

Personal Assets

Items of value owned by an individual, including cash, property, and investments.

Depreciation

The measure of wearing out, consuming, or other loss of value of a depreciable asset arising from use, passage of time, or obsolescence through technology and market changes.

Gross Investment

The total amount spent on purchases of new capital and on replacing depreciated capital within a given period.