The Ability to Influence the Behavior of Others Because of a Special

question 73

Multiple Choice

The ability to influence the behavior of others because of a special knowledge and skills is called __________.

• A) expert power
• B) leadership power
• C) reward power
• D) legitimate power

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Definitions:

Consumption

Consumption refers to the act of using goods and services by households, contributing to the overall demand in an economy.

Availability

The condition of being accessible or obtainable.

Private Resource

Resources owned by individuals or companies, not by the government or public institutions.

Incentives

Factors, monetary or non-monetary, that motivate individuals to perform actions that they might not otherwise choose to do.