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The Statement,"price Directs Resources Across Different Sectors of the Economy

question 87

Multiple Choice

The statement,"price directs resources across different sectors of the economy" refers to the ______ function of price.


Definitions:

Internal Visibility

The extent to which an individual's or group's work and performance are recognized within an organization.

Political Skill

The ability to understand and influence others in a way that enhances personal and organizational objectives.

Political Network

A web of relationships, communications, and interactions among individuals, groups, and organizations centered on political action, influence, and decision making.

Referent Power

A form of influence based on the leader's personal traits, where followers identify with and wish to emulate the leader.

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