Academics Tend to Define "Small Business" as Having Fewer Than

question 10

Multiple Choice

Academics tend to define "small business" as having fewer than:

• A) 5 employees.
• B) 10 employees.
• C) 100 employees.
• D) 500 employees.

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Definitions:

Referent Power

A form of influence based on the ability to inspire admiration, respect, or affection from others, often stemming from one's charisma or likability.

Coercive Power

A form of power that is based on the ability to deliver punishments or impose negative consequences on other people.

Legitimate Power

A form of authority derived from an individual's position or role within an organization, granting them the ability to influence others.

Referent Power

A form of influence that an individual possesses due to others' admiration, respect, or desire to identify with them.