Answer: 1. Persuasive Power
2. Information Power
3. Expert Power.
Explanation:
For the first Scenario where the subordinate works better when they are agreeing with your ideas, the type of power to use is PERSUASIVE Power. Persuasive power is the ability to be able to convince people to do things that can either be good or bad by making them see the logic in your decisions. You can use it here to motivate this employee as he is already used to being persuaded by you and is at his best when that happens.
The second scenario speaks of a power that stems from having a consistent track record that people trust. This is called the EXPERT power. The expert power means that you are very knowledgeable and skilled in your area of expertise which has the effect of people coming to you for guidance which is what is happening in this scenario.
The third scenario speaks to INFORMATION Power which refers to the ability to have and use multiple contacts as well as other information sources to constantly be knowledgeable in a field. People will seek you out for this and that is what they are doing here.
Answer:
False.
Explanation:
In Business management, it is very important, essential and necessary that the top executives or management of an organization design, develop and establish a set of ethical codes, principles, laws, rules, regulations and standards that serve as guidelines, procedures and moral compass to all the employees working in an organization. These set of rules help the employees to understand what is acceptable or allowed while working with the company, as well as understanding the difference between right and wrong behaviors in their actions and decision-making.
Hence, individual employees do not have any influence over ethical expectations and behavior because it is out of their control and are primarily being defined by the top executives or management of the company.
Answer:
Customer loyalty strategy
Explanation:
The customer loyalty strategies are developed by a company to retain its current clients and encourage them to recommend its services or products. mainly, the client loyalty is promoted through different special discounts or additional services that a client will have if recommend the company. these strategies can be used too if the company wants the clients increase the buy of services or products; in this case if they get a certain number of products they will obtain discounts or additional products.
Answer:
17.4%
Explanation:
original purchase price 1 year ago = $1,044
current market price:
0.06 = {80 + [(1,000 - MV)/13]} / [(1,000 + MV)/2]
0.06 x [(1,000 + MV)/2] = 80 + [(1,000 - MV)/13]
0.06 x (500 + 0.5MV) = 80 + 76.92 - 0.0769MV
30 + 0.03MV = 156.92 - 0.0769MV
0.1069MV = 126.92
MV = 126.92 / 0.1069 = $1,187.28
total returns during the year = $80 (coupon) + ($1,187.28 - $1,044) = $223.28
nominal return on investment = $223.28 / $1,044 = 21.387%
real return on investment = [(1 + i) / (1 + inflation)] - 1 = [(1 + 0.21387) / (1 + 0.034)] - 1 = 1.174 - 1 = 0.174 = 17.4%