External Environmental Factors That May Affect Managerial Discretion Include Industry

question 72

True/False

External environmental factors that may affect managerial discretion include industry structure, rate of market growth, and degree of product differentiation.

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Definitions:

Coercive

Relating to or using force or threats to persuade someone to do something or to achieve compliance.

Brand Manager

a professional responsible for developing and maintaining the image and reputation of a brand.

Sources Of Power

the origins from which an individual or organization can exert influence over others, typically classified into categories such as legitimate, reward, coercive, expert, and referent power.

Company Procedures

The established methods and protocols followed by an organization to ensure consistent and effective day-to-day operations and decision-making.