Discuss how power affects people and consider whether power is corruptive

What will be an ideal response?

There is evidence that there are corrupting aspects of power. Evidence suggests that power leads people to place their own interests ahead of others. Why does this happen? Interestingly, research suggests that power not only leads people to focus on their self-interests because they can, it also liberates people to focus inward and thus come to place greater weight on their goals and interests. Power also appears to lead individuals to "objectify" others, to value relations with people with less power, and to see relationships as more peripheral. Powerful people react especially negatively to any threats to their competence. They're more willing to denigrate others. People given power are more likely to make self-interested decisions when faced with moral hazard. Power also leads to overconfident decision making.

Business

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Person T made an offer for the B residence, and the Bs accepted the offer. On reconsidering, Person T decided to back out of the deal, and the Bs agreed to let Person T do so. Person T and the Bs then signed

a. a novation of the purchase contract. b. an agreement rescinding the purchase contract. c. an assignment of the purchase contract. d. an agreement reforming the purchase contract.

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New employees at Jarvis Company cannot participate in the group term life insurance plan until they have worked at the company for three months. This initial period before a new employee can participate is called a(n)

A) probationary period. B) elimination period. C) open enrollment period. D) eligibility period.

Business