Wilma participates in a fraud scheme by executing some derivative trades because she believed that a senior analyst knew more about complex derivative transactions than she did. These transactions were fraudulent in nature. Which type of power was employed to deceive Wilma?
A) Expert power
B) Referent power
C) Coercive power
D) Reward power

Question

Quizplus · Accepted Answer

Wilma was deceived by the senior analyst's expert power, which refers to the influence one has based on their expertise and knowledge in a particular field. In this case, Wilma believed that the senior analyst had more knowledge and expertise about complex derivative transactions, which made her susceptible to the fraud scheme.

Wilma Participates in a Fraud Scheme by Executing Some Derivative