If an Organization Wanted to Set Up a Facility in an Area

question 19

True/False

If an organization wanted to set up a facility in an area near a number of advanced suppliers,competitors,and research facilities in order to have access to current information on materials,components,and technologies the organization would likely set up a source factory.

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Definitions:

Ethically

In a manner that aligns with moral principles, including fairness, justice, and respect for individuals and communities.

Chief Executive Officers

The highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Legitimate Power

A form of authority derived from a position or role that is recognized and accepted by others within an organizational or societal structure.

Expert Power

The influence one has due to their skills, expertise or knowledge, often leading to enhanced credibility and respect from others.