The Power That the Dependent Party Has Over the Dominant

question 93

Multiple Choice

The power that the dependent party has over the dominant party in order to maintain the exchange relationship is known as:

• A)substitutability.
• B)reverse dependence.
• C)countervailing power.
• D)visibility.
• E)legitimate power.

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Definitions:

TPS Employee

An employee working within the Toyota Production System, focusing on lean manufacturing and continuous improvement.

Job Classifications

A system that categorizes jobs based on criteria such as responsibilities, skills required, and the complexity of tasks, often used for hierarchical organization and payroll.

JIT

Just-In-Time manufacturing is a management strategy that aligns raw-material orders from suppliers directly with production schedules to improve efficiency and reduce inventory costs.

Competitive Advantage

The conditions that allow a company or country to produce goods or services more effectively than competitors, leading to greater profits and market share.