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2 years ago

When person a gains power because a has knowledge or expertise relevant to b, _______ power is demonstrated.

Business

1 answer:

larisa [96]2 years ago

8 0

When a person gains power because a has knowledge or expertise relevant to b, expert power is demonstrated.

Expert power is a type of power that comes from having a high level of knowledge in one's field of expertise. Expert power is relative. In other words, if two people have different levels of knowledge about a topic, the one with more knowledge has expert power.

Power refers to the ability to impose one's will against opposition from others. According to Max Weber, there are three types of legitimate authority: traditional, rationally legitimate, and charismatic.

Referee power has the ability to unite the knowledge or expertise of team members and increase their productivity. You can encourage your employees to work towards a common goal.

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A perfectly competitive market has a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set

Natali [406]

Answer:

c. many buyers and sellers.

Explanation:

A perfect market for competition is a market that has a high level of competition.

It has the following features -

1. With regard to the market, knowledge is great in this rivalry between producer and consumer.

2. Free entry, and exit

3. Deals with same or homogeneous products

4. The sellers and buyers are more in this market

5 0

3 years ago

Consider the following three decisions that an organization could be faced with:

JulijaS [17]

Answer:

The correct answer is II. Deciding between Singapore, London or Buffalo as the location for the construction of a new manufacturing facility.

Explanation:

Strategic Planning is a management tool that allows you to establish the task and the path that organizations must travel to achieve the planned goals, taking into account the changes and demands that their environment imposes. In this sense, it is a fundamental tool for decision making within any organization. Thus, Strategic Planning is an exercise in the formulation and establishment of objectives and, especially, in the action plans that will lead to achieving these objectives.

7 0

3 years ago

What is your Future expectations for 3-month Gold, Oil, and Japanese Yen prices?

Darina [25.2K]

Future expectations for the mentioned items are as follows-

Gold- The price would appreciate in the times to come
Oil- The price would be at floor bottom in coming times with minor upticks at intervals
Japanese Yen- The currency would depriciate with respect to USD

Explanation:

Given the Corona epidemic, ensuing US-China trade wars, US-Iran fiasco and dampening global growth prospects, the global economy is going through a phase of slowdown, if not recession.

Hence the general future expectation for the commodities are as follows-

Gold- With global growths deepening and share markets crashing, investors would probably store their wealth in the form of gold. This would lead to appreciation in the gold prices. The prices have spiralled upwards in the last few months and would continue doing so in times ahead.
Oil- Lack of demand, forced lockdowns of the economy, disrupted global growth has reduced the demand of the oil. Hence the demand graph has fallen and consequentially the prices of oil which is a floor value. It would continue to remain doing do so in times ahead.
Japanese Yen- Yen would depreciate during this time due to the strengthening of the US dollar. This depreciation would continue.

3 0

3 years ago

A relevant cost is:_______.

NNADVOKAT [17]

Answer:

b. A cost that differs across decision alternatives.

Explanation:

When managers make business decisions, some costs are incurred when such decisions are made. They are called relevant cost. The main purpose of relevant cost is to avoid duplication of data that are not necessary, which could further make business decisions complicated.

Example of relevant cost is when a business or an organization checks whether or not to sell a business unit. The cost incurred in such decision is called relevant cost.

3 0

3 years ago

ssume you are the Chief Information Officer (CIO)1 of the company that you dream of (any company, real or hypothetical). Give a

MAVERICK [17]

Answer: External threats are almost always malicious, with data theft, vandalism, and disruption of services all possible goals. Internal threats can be equally vicious and may also include blackmail or other illicit activities. Internal threats, however, are not always malicious

Internal threats originate from within the organization. The primary contributors to internal threats are employees, contractors, or suppliers to whom work is outsourced. The major threats are frauds, misuse of information, and/or destruction of information.

Explanation: An internal threat refers to the risk of somebody from the inside of a company who could exploit a system in a way to cause damage or steal data.

Employee Sabotage and Theft. ...

Unauthorized Access by Employees.

Weak Cyber Security Measures and Unsafe Practices. ...

Accidental Loss or Disclosure of Data

The following are ways to prevent Internal and External Security Threats :

1. Access data vulnerabilities, Penetration testing tools can be adopted to check the vulnerabilities or weak areas in the software systems. ...

2. Calculate Risk Scores. ...

3. Train Your Workforce. ...

4.Remove excessive privileges. ...

5.Encrypt Data. ...

6. Embrace the cloud.

8 0

3 years ago