Power that comes from someone’s formal position within the structure of an organization is known as ______ power.
a. legitimate
b. resource
c. expert
d. personal
a. legitimate
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Insurance contracts and all forms of creditor collection agreements are ________ contracts
A) incidental beneficiary B) third-party beneficiary C) unilateral D) quasi-
A summary statistical measure frequently used when forecasting exchange rates is known as the
A) standard deviation. B) mean. C) mean absolute error. D) mode.
In terms of global business strategy and structure, a multinational strategy
A) centralizes production and accounting and decentralizes marketing and human resources. B) concentrates financial management and control out of a central home base while decentralizing production, sales, and marketing operations to units in other countries. C) centralizes production, accounting, marketing, and human resources. D) disperses production and marketing, with centralized accounting, human resources and strategic management. E) concentrates production and marketing in each country, and decentralizes accounting and human resources.
Which of the following does NOT reflect the new world of globalization?
A) stasis B) flexibility C) versatility D) change E) speed