The above is an example of coercive power.
In an organization, a manager could compel an employee to obey an order whereas sanction or punishment is meted out to such employee if he or she fails to comply. Such situation is known as coercive power.
Coercive power uses force in actualization of desired aim. Also, it tends to force behaviour instead of influencing it.
Examples of coercive power are termination, demotions, layoffs and paycut if a particular order is not followed.
Therefore, we can simply infer that the above is an example of coercive power.
I’m sorry for making it happen again but it’s not like that
Deposit (PV): $10,000
Years between the 18th month and the fifth year (n) = 3.5
(I)=7% yearly interest rate
Simple interest approach accumulated value equals P*(1+(i*n)).
=1000*(1+(7%*3.5))
=1245
Thus, the total value at the end of five years will be $1245.
Compound interest method accumulated value equals P*(1+i)n
=1000*(1+7%)^3.5
=1267.19
Therefore, the total value after five years will be $1267.19.
Learn more about simple interest here ;
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They both have preset limits
The step involves identification of ethical issues.
