INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 96

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-The premium on your term insurance will [increase | stay the same] with each renewal.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Referent Power

A form of personal power that derives from the respect, admiration, and loyalty that others have towards an individual, leading them to be influenced by this person.

Formal Leadership

Leadership roles that are officially recognized within an organization, characterized by specific responsibilities and authority granted to individuals.

Position Power

The authority and influence an individual holds in an organization due to their rank or role within the hierarchy.

Referent Power

A form of influence that a leader has over their followers based on their charisma and followers' identification with or admiration for them.