Lord Wolfson, CEO of clothing company Next, gave his entire annual bonus of US$3.6 million to his employees as a reward for their commitment and hard work. This scenario is an example of which type of power?

Question

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Reward power is based on the ability of an individual to give something of value, such as bonuses, to others. In this scenario, Lord Wolfson uses his position to give his annual bonus to employees as a reward, which is a direct example of reward power.

Lord Wolfson, CEO of Clothing Company Next, Gave His Entire