BUS 272 Lecture Notes - Lecture 8: Liquid Oxygen, Work Unit, Extraversion And Introversion
Document Summary
Lo-2 describe the five bases of power: divide the sources of power into two general groupings - formal and personal. Formal power: based on an individual"s position in an organization; can come from the ability to coerce or reward, or from formal authority. Depend on fear of the negative results the tight occur of one fails to comply. Rests on the application, of physical sanctions like in icting of pains. A has coercive power over b if a can dismiss, suspend, or demote b, assuming that b values his job. If a can assign b work activities that b nds unpleasant or treat b embarrassing. It can also comes from withholding key information. Power that achieves compliance based on the ability to distribute rewards that others view as valuable. Rewards can be nancial (controlling pay rates, raised and bonuses) or non.