Complete/Correct Question:
When the company's dry goods deliveries were late for the third time, Melissa withheld payment from her supplier until it was back on schedule. This is an example of ________ power.
a. reward
b. referent
c. legitimate
d. coercive
e. Expertise
Answer:
D, coercive
Explanation:
Coercive power is the ability of a manager to be able to make an employee/subordinate follow orders by the use of force.
In the above question, Melissa withholds payment after her order of dry goods came in late a third time.
Withholding payment forced the supplier to return to the scheduled arrangement of delivery.
Cheers.
Answer:
The correct answer is (C)
Explanation:
A decision-making process is a vital factor which can contribute towards a successful business. Likewise, some people rely on their institution and gut feeling to make a decision rather than to see the market demand and supply. This type of decision is known as a non-rational decision. Mary-Catherine is making a decision solely based on her Gut feelings which is why it is a not rational decision-making process.
Answer:
$10
Explanation:
Price Q Demanded Q Supplied Domestically Q Supplied by Importers $6 13,000 2,000 8,000
$7 12,000 4,000 8,000
$8 11,000 6,000 8,000
$9 10,000 8,000 8,000
<u>$10 9,000 = 9,000 </u><u> </u> 8,000
$11 8,000 10,000 8,000
If there is no international trade allowed, then we should look for the price at which the quantity demanded is equal to the quantity supplied by domestic producers. At $10 per widget, the total quantity demanded is 9,000 units and the total quantity supplied by domestic producers is 9,000 units.
