Examlex
If a firm with two large plants installs a large, custom built packing machine in each of its plants, the custom packing machine is an example of ______.
Referent Power
Referent power is a form of influence based on attracting others and building loyalty. It stems from being admired and respected.
Interpersonal Skills
The abilities required to effectively communicate, interact, and work with individuals and groups in a variety of situations.
Coercive Power
The ability of a person or group to enforce their will or obtain compliance from others through threats, sanctions, or other forms of pressure.
Countervailing Power
The concept in economics and political science where power is used to balance or counteract another power, preventing dominance or excess in markets or governance.
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