Ans. Power in management is incredibly important and those with power need to be demarcated from the ones who don’t. The following are the different sources of power in an organisation:Power of reward: using rewards of positive reinforcements.Power of coercion: using threats, punishments and negative reinforcements.Legitimate power: the power which comes from the position that a person holds, such as a CEO or a school principal.Expert power: here, the power comes from the knowledge and experience you have.Referent power: this power is visible when someone who is looked up to uses that stance for their purposes.