It Is More Likely That an Entrepreneur Will Get a New

question 19

True/False

It is more likely that an entrepreneur will get a new business idea through a weak-tie than a strong-tie relationship.

Analyze how the shift from industrial to knowledge-based economies affects power dynamics.

Understand the role of non-substitutability in the context of organizational power.

Recognize the impact of information technology on power distribution within organizations.

Understand the interaction between personal attributes and organizational power structures.

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Definitions:

Asset Revaluation Surplus

The increase in value of an asset, reflected on a company's financial statements, after it has been revalued to its current market value.

General Reserve

Funds set aside by a company from its profits for general unspecified future risks or obligations.

Amortisation of Goodwill

The gradual write-off of the purchased goodwill of a company over time, reflected as a non-cash expense in the income statement.

Associate's Profit

The portion of profits attributable to a company's investment in an associate, typically accounted for using the equity method.