Compare and contrast the key differences between power and empowerment
What will be an ideal response?
Answer: The characteristics of power are external source (it is given to a person); ultimately, few people have it; involves the capacity to have others do what you want; to get more implies taking it away from someone else; and leads to competition. The characteristics of empowerment are internal source (a person must accept it, it cannot be given); ultimately, everyone can have it; involves the capacity to have others do what they want; to get more does not affect how much others have, and leads to cooperation. See Table 8.3.
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Using the information in Table J.9 and the slack per remaining operation (S/RO) rule, what is the average days past due?
A) fewer than or equal to 6.0 days B) greater than 6.0 days but fewer than or equal to 8.0 days C) greater than 8.0 days but fewer than or equal to 9.0 days D) greater than 9.0 days
Which of the following, if true, might make the option more appealing to a prospect?
A) In recent months, the stock market has become more bullish, making mutual funds a better bet. B) The firm pays the maintenance fees for the investments. C) Employees may choose the amount set aside each month, up to 10 percent of gross income, which is untaxed until the money is removed from the fund. D) Over a ten-year period, the mutual funds included in the firm's option have accrued at a rate equal to the consumer price index. E) The firm allows employees to select from and move funds around to a wide range of mutual fund options, some more conservative than others.