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Max Weber Defined Legitimate Power as Based on

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Max Weber defined legitimate power as based on


Definitions:

Upstream Costs

Expenses incurred in the early stages of a product's lifecycle, typically including exploration and development costs.

Downstream Costs

Expenses incurred later in the production process or in relation to post-production activities.

Uncontrollable Cost

Expenses that cannot be managed or influenced by actions of a company's management, often fixed costs.

Bottling Wine

The process of filling bottles with wine after fermentation, involving stages like clarification, stabilization, and sometimes aging before it is sealed.

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