Authority and Corporations Quiz

What type of authority is based on long-standing cultural respect?

• Charismatic Authority

• Traditional Authority

• Rational Legal Authority

• Coercive Authority

Which authority is known for extraordinary personal skills?

• Traditional Authority

• Charismatic Authority

• Coercive Authority

• Rational Legal Authority

What is a legal unit distinct from its owners called?

• Corporation

• Sole Proprietorship

• Non-Profit

• Partnership

Which authority uses rules and regulations to legitimize power?

• Charismatic Authority

• Traditional Authority

• Coercive Authority

• Rational Legal Authority

What type of authority is based on coercion?

• Charismatic Authority

• Traditional Authority

• Rational Legal Authority

• Coercive Authority

What do banks primarily do?

• Receive deposits and generate credit

• Sell products

• Manufacture goods

• Provide entertainment

Which type of bank manages withdrawals and deposits?

• Investment Bank

• Central Bank

• Commercial Bank

• Savings Bank

What is the main function of a corporation?

• To entertain people

• To create art

• To hire employees and enter contracts

• To provide education

Which authority is based on cultural patterns?

• Traditional Authority

• Rational Legal Authority

• Coercive Authority

• Charismatic Authority

What do corporations have the right to do?

• Create laws

• Travel freely

• Vote in elections

• Enter contracts and hire employees