Straight salary is generally used when the products and services have short selling cycles

_______ is the power which a manager possesses as a result of his/her leadership competencies.

A. Personal Power B. Position Power C. Legitimate Power D. Coercive Power E. Expert Power

A corporate director commits a breach of duty if

A. The director's exercise of care and skill is minimal. B. A contract is awarded by the company to an organization owned by the director. C. An interest in property is acquired by the director without prior approval of the board. D. The director's action, prompted by confidential information, results in an abuse of corporate opportunity.