Marnie Was Used to Getting Her Way

question 31

Multiple Choice

Marnie was used to getting her way. She had a way with people and could charm almost anyone into going along with her. Not only was she pleasant and vivacious, she had a reputation of being trustworthy that appealed to those around her. This enabled her to rely strongly on __________.

• A) coercive power
• B) legitimate power
• C) expert power
• D)referent power
• E) group power

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Definitions:

Fixed Costs

Expenses that do not change significantly with the level of business activity, such as rent, salaries, and loan payments.

Variable Components

Elements of a product, service, or cost that fluctuate based on production levels or usage, as opposed to fixed components which remain constant.

Margin of Safety

The difference between actual or anticipated sales and the break-even point.

Unit Selling Price

The pricing of individual units of goods or services that a business offers for sale.