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Answer the following questions using the information below:
Nancy's Niche sells a single product. 8,000 units were sold resulting in $80,000 of sales revenue, $20,000 of variable costs, and $10,000 of fixed costs.
-To determine contribution margin use:
Referent Power
A form of influence based on the leader's personal traits, where followers identify with and wish to emulate the leader.
Legitimate Power
Authority that is officially sanctioned or recognized, based on a person's position within an organizational hierarchy.
Reward Power
The ability of an individual to influence the behavior of others by controlling access to desired resources or rewards.
Upward Appeals
The argument that the task has been requested by higher management, or a request to higher management to assist in gaining cooperation.
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