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Unformatted text preview: regulators want the company to be consistent with the laws. 2a. What two forms of power are the most effective in an org? • Expert power and referent power. 3. Explain power as dependency. (General Dependency Postulate) • the greater the dependency, the greater the power • A has power over B over something B values (importance) • A has power over B if the item is scarce • A has power over B if B cannot easily find substitutes for it (nonsubstitutability) 4. Who is the firm dependent on when there is a lot of uncertainty? • People that can absorb the most uncertainty. 5. How have firms faced uncertainty in the past and whom did they value (dependent on)? • 1910-1950 Efficiency problems—engineer and production • 1960s- can we sell it? —Marketing • 1980s- wanted to expand—business schools and finance • 1990s- issues of innovation—human resource, and R&D...
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This note was uploaded on 05/05/2009 for the course ECON 20091_ECO taught by Professor Mohammadsafarzadeh during the Fall '09 term at USC.
- Fall '09