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Identifying and Assessing a Company's Resource Strengths and Weaknesses and Its

question 34

Multiple Choice

Identifying and assessing a company's resource strengths and weaknesses and its external opportunities and threats is called:


Definitions:

Referent Power

A form of influence based on the attraction one has for others, or the desire of others to identify and be associated with a person.

Empowerment

Giving people the authority, opportunity, and motivation to take initiative and solve organizational problems.

Authority

The legitimate power or right granted to an individual or organization to make decisions, command, or govern.

Opportunity

A situation or condition that puts someone in a position to achieve success or progress.

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