2. A. Define power. B. List five bases for power and explain each means in one or two sentences. Give an what example for each. C. Below are short biographies of two EEos of Intel. Using the biographies compare the power bases of the two men. Bob Noyce was a physicist with a technology background. He served as CEO until 1975. He was a person who tried to be friendly with workers and give them lots of freedom to set laid back without big differences in rewards set by rank. their own agendas. He ran a workplac He did not allow gaudy offices or travel by private jet or reserved parking spots for executives Paul Otellini became CEo in 2005. He was the first chief executive not to have a technical background. He downsized the company and eliminated many jobs for people who were not productive. He has tried to speed up new product development Solution 2. A. Power represents the degree and authority and influence of a person on other people. B. Five bases of power are listed below: Expert power: Expert power is derived by a person who possess considerable expertise in particular area. Employees having expert power are considered to be critical resource by an organization. Medical practitioners and lawyers exhibit expert power. Legitimate power: A person derives this power using his position in the company. For example, managers have the legitimate power to assign duties and responsibilities to its subordinates. Referent power: People gain referent power using his interpersonal relationships with other persons. They derive this power using their influence, trust and respect gained from other people. CEO of a company possesses this power. Coercive power: People gain coercive power by influencing others using threats or punishments. It helps the managers to control the behavior of its employees. Reward power: People gain this power base by influencing others using incentives and rewards. Promotions, appraisal and incentives are the tools used by an organization to exert reward power on its employees. C. Bob Noyce possessed the expert power as he was a physicist with technology background. He utilized the referent power using his interpersonal relationships with his employees. Besides this, he also used the reward power. Contrary to this, Paul Otellini possessed coercive and legitimate power..