A professional bureaucracy is a knowledge-based organization where goods and services depend on the expertise and knowledge of professionals

_______ is based on the belief that one party can remove rewards and provide punishment to affect behavior.

a. Expert power b. Referent power c. Legitimate power d. Reward power e. Coercive power

The required return of a preferred stockholder, rps, is higher than the cost of preferred stock for the

corporation because stockholders must pay federal taxes on their dividend income. Indicate whether the statement is true or false