The Power Tactic That Influences in All Three Directions-Upwardly,downwardly and Laterally-Is

question 27

Multiple Choice

The power tactic that influences in all three directions-upwardly,downwardly and laterally-is:

• A)ingratiation.
• B)pressure.
• C)rational persuasion.
• D)friendliness.

Appreciate the importance of maintaining good relations with regulatory agencies.

Understand the process and significance of administrative law judge decisions in agency disputes.

Know the criteria for deference by courts to agency interpretations of law.

Understand the rulemaking process including notice-and-comment rulemaking.

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Definitions:

Interest Rate Sensitive

Pertaining to assets or investments that are affected by changes in interest rates.

Treasury Bills

Short-term government securities with maturities of one year or less, sold at a discount and redeemed at face value at maturity.

Target Cash Balance

The optimal amount of cash that a company aims to hold to meet expected transactions, precautionary, and speculative needs.

Speculative Motive

The intent to hold cash or other assets for the purpose of benefiting from future market movements.