Which of the Following Types of Power Come from the Formal

question 12

Multiple Choice

Which of the following types of power come from the formal position held by an individual in an organization?

• A)coercive
• B)expert
• C)legitimate
• D)referent

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Definitions:

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, typically characterized by a reduction in per-unit cost with increasing output.

Specialization

The process by which individuals, firms, or countries focus on producing a certain type of goods or services, often to achieve greater efficiencies or quality.

Diseconomies of Scale

The situation where a company or business grows so large that the costs per unit increase, leading to decreased efficiency.

Long-run Total Costs

The total costs associated with the production of a certain level of output when all inputs can be varied, emphasizing the period in which no costs are fixed.