Examlex
A forward integration strategy is used by firms to gain control or ownership of suppliers.
Upward Flow
The movement of information or feedback from lower levels of an organization to higher management, facilitating informed decision-making.
Referent Power
A form of influence based on the attractiveness and charisma of the leader, which inspires loyalty and admiration.
Expert Power
The ability to influence others based on recognized knowledge, skills, or expertise.
Legitimate Power
Power that is recognized as rightful or official within a particular social or organizational framework.
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