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Rabia Proposed to Her Boss That Their Small Firm Build

question 85

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Rabia proposed to her boss that their small firm build a new production plant to serve a large new global market. Her boss replied, "Rabia, several multinational firms, who are world-class in terms of global reach, influence, stability, and financial depth, will be going after that market. We be a new entrant among large established competitors; the barriers to entry are just too high for us. We are small and financial resource-limited, so we would be challenged to meet the market's ________ requirements."


Definitions:

Leader and Employee

Describes the dynamic and relationship between someone in a position of authority or guidance and those they lead or manage in an organizational setting.

Leader-Member Exchange Theory

A theory suggesting that leaders form unique individual relationships with each member of their team, which can affect the team's dynamics and performance.

Relationship

The way in which two or more concepts, objects, or people are connected, or the state of being connected.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

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