Organizational Power Can Be Defined as the Ability a to Cause

question 53

True/False

Organizational power can be defined as the ability A to cause B to do something that B would not have otherwise done.

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Definitions:

Total Assets

The sum of all owned resources with economic value that are expected to provide future benefit to the business.

Cash Flows

The inflows and outflows of cash and cash equivalents representing the operating, investing, and financing activities of a business.

Noncash Financing

Financing activities that do not involve cash flows, such as issuing stock or debt in exchange for assets or services.

Operating Activity

Business actions directly related to the day-to-day operations, such as selling products or services, which generate most of the company’s cash flows.