______________ Results from Contracts Such as Franchise Agreements or Other

question 21

Multiple Choice

______________ results from contracts such as franchise agreements or other formal agreements.

• A)Coercive power
• B)Reward power
• C)Expert power
• D)Referent power
• E)Legitimate power

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Definitions:

Currency Fluctuation

The variation in the value of one currency relative to another in the global market.

Inflation

A general increase in prices and fall in the purchasing value of money.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Ethnic Population

A group of people who share a common cultural background, ancestry, or national origin.