Asked by Jacek Buczko on Jun 14, 2024
Verified
The power that the dependent party has over the dominant party in order to maintain the exchange relationship is known as:
A) countervailing power.
B) substitutability.
C) reverse dependence.
D) visibility.
E) legitimate power.
Countervailing Power
A concept where power in a market or industry is distributed in such a way that no single entity can dominate decisions or outcomes, effectively balancing the power dynamics.
Dominant Party
A political term that describes a party which holds a majority of legislative seats or otherwise exercises a disproportionate amount of power within a political system.
Exchange Relationship
A relationship between individuals or entities based on reciprocal exchanges of benefits or resources, often analyzed within the context of organizational behavior.
- Identify the main sources and types of power within organizations.
Verified Answer
Learning Objectives
- Identify the main sources and types of power within organizations.
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