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_____ Is the Process of Creating and Managing a Business

question 28

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_____ is the process of creating and managing a business to achieve desired objectives.


Definitions:

Personal Power

The influence or authority an individual has over others, derived from skills, knowledge, or personal attributes, rather than formal positions.

Reward Power

The power to influence others through the offering of rewards, benefits, or incentives for certain behaviors or achievements.

Legitimate Power

The authority derived from a position or role within an organization, granting the power to make decisions and command obedience.

Networking Power

The influence and advantage gained through forming and maintaining valuable professional relationships or networks.

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