Network Centrality Means That Managers Have Access to Information and People

question 62

True/False

Network centrality means that managers have access to information and people that are critical to the company's success, and thereby increase their power base.

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Definitions:

Shortage

A condition where the market's demand for a good or service outstrips its supply.

Price System

An economic mechanism wherein prices act as signals for the allocation of resources, influencing both producers and consumers in their decisions.

Buyers

Individuals or organizations that purchase goods or services for personal use, resale, or production of other goods and services.

Sellers

Individuals or entities that offer goods or services in exchange for financial compensation.