Identify and Describe the Five Bases,or Sources,of Power Generally Used

question 93

Essay

Identify and describe the five bases,or sources,of power generally used within organizations.Provide distinct examples for each.

Identify different forms of business organizations and their characteristics.

Grasp the concept of international trade and the reasons behind it.

Understand the consequences of trade restrictions on economies.

Recognize the importance of the balance of payments and foreign exchange markets in international economics.

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Definitions:

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Public Accommodation

Business and nonbusiness enterprises, buildings, and other places and organizations that are generally open to the public, which are subject to regulation, including non-discrimination requirements on various bases, by federal, state, and local laws. Definitions vary somewhat under each specific law, but generally exclude private clubs and religious organizations.

Tort Action

A legal action for a tort, which is a wrongful act leading to civil legal liability.

Commercial Property

Real estate property that is used for business activities or purposes rather than as residential property.