Which of the following is NOT a base of power?
A) Coercive power
B) Reward power
C) Valid power
D) Referent power
C) Valid power
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Vertical marketing systems achieve economies through size, bargaining power, and elimination of duplicated services
Indicate whether the statement is true or false
Investments in bonds that management intends to hold to maturity are called held-to-maturity securities
Indicate whether the statement is true or false
A strongly implanted culture provides a huge assist in executing strategy because company managers can use the traditions, beliefs, values, common bonds, or behavioral norms
A. as disciplinary measures in making the employees perform better and achieve targets. B. as reinforcement for convincing staff that the strategy is sound and molded in tradition. C. to manipulate jobholders into thinking traditions are important. D. to ensure the staff will embrace the new strategy like they have in the past. E. as levers to mobilize commitment to executing the chosen strategy.
What are new venture groups? What purpose do they serve? Are they more than a typical R&D department? Explain.
What will be an ideal response?