Leaders and Managers Often Exercise Power Differently

question 10

Multiple Choice

Leaders and managers often exercise power differently. Select the powers most frequently used by leaders.

• A) Reward power
• B) Information power
• C) Legitimate power
• D) Expert power
• E) Referent power

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Definitions:

Differential Revenue

The amount of increase or decrease in revenue expected from a particular course of action as compared with an alternative.

Differential Cost

The amount of increase or decrease in cost expected from a particular course of action compared with an alternative.

Unit Cost

The total expense incurred to produce, store, and sell one unit of a product, including direct materials, direct labor, and overhead costs.

Modifying Style

The process of altering or customizing a particular format or design to meet specific requirements.