Innovations Apply Only to New Types of Capital

question 11

True/False

Innovations apply only to new types of capital.

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Definitions:

Influence

The capacity or power of individuals or groups to affect the behaviors, beliefs, or decisions of others.

Control

The power to influence or direct people's behavior or the course of events.

Legitimate Power

A form of authority derived from a position or role that gives the holder the right to make decisions, command, and influence others.

Formal Hierarchical Authority

The clearly defined structure in an organization that dictates levels of responsibility, power, and control.