Corporate power refers to:
A. The capability of competitors to influence legislation, trade, and the stock market, based on their organizational resources.
B. The capability of politicians to influence corporations, employees, and unions, based on their organizational resources.
C. The capability of corporations to influence government, the economy, and society, based on their organizational resources.
D. The capability of CEOs to influence product development, employee morale, and currency indices, based on their organizational resources.
Ans: C. The capability of corporations to influence government, the economy, and society, based on their organizational resources.
You might also like to view...
The group of people who make a business-to-business purchasing decision on behalf of a company is called the:
A) decision-makers B) marketing team C) institutional buyers D) buying center
Nintendo, producer of the Wii video game console, might define its competitors as other makers of physically interactive video games
But from a(n) ________ point of view, it would include all firms making physically interactive recreational products. A) industry B) market C) segment D) niche E) interdependent
The cost of wasted capacity is
A) the reduction in margin that results from having to go to a backup source. B) the margin that would have been generated if the capacity had been used for production. C) the productivity increase generated when the capacity is used for production. D) the sales potential of excess capacity kept in reserve for emergency production.
The U.S. government has an ultimate ownership right in all of the land within its borders
a. True b. False Indicate whether the statement is true or false