The ability to influence and direct others that comes from being able to confer rewards in return for desired actions or outcomes . Reward power is available when the manager confers rewards in return for desired actions and outcomes. This is often a power source
More from this Section
- Matrix organizational structure
The matrix organization is a structure in which functional and staff personnel are assigned to both a basic functional area and to a project or product manager.
- Planned economy
An economic system in which all economic decisions are planned by a central government is called planned economy.
- University of management
The reality that management is needed in all types and sizes of organizations, at all organizational levels, in all organizational areas, and in organizations no matter where located.
- Liquidation in Grand Strategy Selection Matrix
Closing down the operations of a business and selling its assets and operations to pay its debts and distribute any gains to stockholders.
- Halo effect
Halo effect refers a general impression of an individual that is influenced by a single characteristic.
A situation in which a decision maker has neither certainty nor reasonable probability estimates available, is called uncertainty.
When we judge someone on the basis of our perception of a group to which he or she belongs we’re using the shortcut called stereotyping.