The Idea That Power Should Be Held by Those Who

question 47

Multiple Choice

The idea that power should be held by those who understand how the modern world works is known as

• A)technocratic legitimacy
• B)electoral legitimacy
• C)modern democracy
• D)performance legitimacy

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Definitions:

Business Norms

Business norms are the customary rules and standards of conduct that guide business behavior and interactions within specific industries, cultures, or markets.

External Factors

Influences from outside an organization or system that can impact its performance, including economic, social, political, and environmental forces.

Differences Arise

Refers to the emergence of disagreements or conflicts in various contexts, including cultural, political, or economic interactions.

Economic Factor

Refers to the various elements that influence the economy of a country, including inflation, unemployment rates, fiscal policies, and international trade.