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A Company's Stock Price Dropped When It Announced That Its

question 10

Multiple Choice

A company's stock price dropped when it announced that its revenue had decreased because of the quality issues of its products. This is an example of ________.


Definitions:

Political Performance Appraisals

The evaluation of an employee's job performance influenced by internal organizational politics and relationships rather than solely on merit.

Organizational Processes

The structured set of activities and tasks that are carried out by an organization to achieve its objectives.

Absolute Power

A condition of unchecked and total control or authority, often exercised by a leader or government without limitations or opposition.

Referent Power

A form of influence based on the leader’s likability and the followers’ desire to identify with or emulate them.

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