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MB661E Activity 3

MB661E Activity 3

Q Activity 3: Case Study This Activity is comprised of three (3) parts. Your Activity responses should be both grammatically and mechanically correct, and formatted in the same fashion as the Activity itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your response and document in a bibliography using APA style. (100 points) (A 4-page response is required for the combination of Parts A, B, and C.) Read “The Last CEO of Lehman Brothers: Richard Fuld,” starting on page 174 of your text. After reading this case, discuss the following. Part A Discuss five (5) types of leader power. These five types fall into two (2) broader categories: position power and personal power. a. Define each of the five (5) types of leader power. c. Which of the five types of leader power fall into the category of position power, and which fall into the category of personal power? b. Discuss how each of the five (5) types of leader power impact and/or motivate followers. Part B What are the sources of Dick Fuld’s power?Part C What elements of power corruption are present in this case?

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Ans: A leader is subjected to hold a great degree of power and he can exercise them based on the circumstance. It has been learnt that different situations demand types of power. The five types of powers are discussed below: 1. Coercive Power- A leader can only reprimand and intimidate a subordinate if he or she has been bestowed with that authority by the upper echelon. This power is confined to limited leaders only (Lasswell, 2017).