The Ability to Influence the Behavior of Others by Offering

question 48

Multiple Choice

The ability to influence the behavior of others by offering them something desirable is best described as

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

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Definitions:

Probability

Probability is the measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Diversified Portfolios

Investment strategies involving a mix of assets (stocks, bonds, real estate, etc.) to reduce risk through diversification.

Positive Correlation

A relationship between two variables where they move in the same direction; as one increases, the other also increases.

Recession Risk

The likelihood of an economic downturn, characterized by a significant decline in economic activity across the economy lasting more than a few months.