List and discuss the bases of personal power
What will be an ideal response?
Personal power comes from an individual's unique characteristics. Three bases of personal power are expertise, the respect and admiration of others, and charisma.
a) Expert power is influence wielded as a result of expertise, special skill, or knowledge. Expertise has become one of the most powerful sources of influence as the world has become more technologically oriented.
b) Referent power is based on identification with a person who has desirable resources or personal traits. If I like, respect, and admire you, you can exercise power over me because I want to please you.
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In case of a person with dual citizenship, which of the following is true about using the lack of nationality objection for the two countries involved?
A. It cannot be used by either of the two countries against each other. B. It cannot be used by a third country against any one of the two countries involved. C. It cannot be used against the country of master nationality by the other country. D. It cannot be used by any one of the two countries against a third country.
You plan to retire at age 65. You want to withdraw $100,000 from your savings account every year starting on your 65 th birthday. You expect to make your final withdrawal on your 84th birthday
How much must you have accumulated by your 65 th birthday in order to support your desired withdrawals if you earn 3% on your savings? A) $1,532,379.91 B) $1,587,747.49 C) $1,475,351.31 D) $1,432,379.91 E) $1,090,095.56