COMMERCE 1BA3 Study Guide - Centrality, Corporate Social Responsibility, Price Fixing
Document Summary
The capacity to influence others who are in a state of dependence. Resource dependency suppliers and customers power relationship; need for customers to buy your product; suppliers can have power over you. Meso (in this class): power between two people; or leader between leader and group of people. Professor/ student or employer/employee: dependence on prof, prof can influence student because they are dependent on. Power is social exchange (based on social exchange theory) prof for a grade. Positive: two way relationship shes teaching us, wanted to learn. Negative: one way relation don"t want to learn. Negative power at a job leaving job for another job. Nest egg/ stock filing saving up enough to leave after. Structural: power the organization gives to an individual (first 3) Personal: comes from characteristic something to do with the individual: legitimate power. Power derived from a person"s position or job in an organization (eg. president of your company asks you to do something)