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A Manufacturer Has a Very Successful Product but There Is

question 160

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A manufacturer has a very successful product but there is only one company in the world that produces one of the key components/ingredients.Under these circumstances,________ power is very strong.


Definitions:

Labor Contract

The formal, written document that spells out the relationship between the union and management for a specified period of time—usually two or three years.

Management

A process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment.

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