According to French and Raven,there Are Many Different Sources of Power

question 9

Multiple Choice

According to French and Raven,there are many different sources of power that people use in organizations and teams.A person who is the leader or CEO of a company has ________ power; a person who has special knowledge in a given subject has ________ power; a person who uses praise has ________ power.

• A)expert; referent; reward
• B)legitimate; expert; reward
• C)reward; expert; referent
• D)legitimate; referent; reward

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Definitions:

SEC Regulation

A set of rules and laws enacted by the U.S. Securities and Exchange Commission to regulate securities markets and protect investors.

Institutional Investors

Institutional investors are large organizations, like pension funds and mutual funds, that invest substantial amounts of money in securities and real estate.

Market Timing

An investment strategy where the investor tries to predict future market movements to buy low and sell high.

Asset Allocation Fund

A mutual fund that spreads its investments across various asset classes, aiming to reduce risk through diversification.