Suppliers Can Gain Power from a Number of Sources in the Buyer

question 72

Multiple Choice

Suppliers can gain power from a number of sources in the buyer / supplier relationship. When a supplier values identification with a buyer, this is called a(n) ________ source of power.

• A) expert
• B) reward
• C) referent
• D) legal

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Definitions:

Defined as a "Person"

Legally recognizing an entity (can be human or non-human, such as corporations) as having rights and responsibilities.

Title to Property

The legal right to own, possess, use, control, and dispose of real estate or personal property.

Articles of Partnership

A document that outlines the terms and conditions of a partnership, including the rights, responsibilities, and shares of profit among the partners.

Property Rights

Legal rights to use, control, and dispose of land and property.