The Four Categories of Equity Accounts Are ________, ________, ________

question 233

Short Answer

The four categories of equity accounts are ________, ________, ________, and ________.

---

Definitions:

Legitimate Power

a form of power that is recognized as lawful and right, often derived from an official position or role within an organization.

David McClelland

An American psychologist known for his work on motivation theory, which includes the needs for achievement, power, and affiliation.

Personal Power

Power used for personal gain.

Empowerment

The process of granting individuals or groups more autonomy and control over their work or decision-making processes, enhancing their sense of effectiveness.