A Manager Develops Mutually Beneficial Relationships with Other Managers in Order

question 31

Multiple Choice

A manager develops mutually beneficial relationships with other managers in order to accomplish the goals of the organization. Which of the following political strategies is the manager using in this situation?

• A) Controlling uncertainty
• B) Being irreplaceable
• C) Being in a central position
• D) Building alliances
• E) Generating resources

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Definitions:

Supply and Demand

Supply and demand is an economic model that explains the interaction between the availability of a resource and the desire for that resource, affecting its price.

Bid-ask Spread

The difference between the highest price a buyer is willing to pay for an asset and the lowest price a seller is willing to accept.

Market Maker

A participant in the financial markets who stands ready to buy and sell securities regularly at their own risk to provide liquidity and help the market function smoothly.

Widgets

Generic term for any unspecified or hypothetical device or product, often used in business or economics as a placeholder name.