Which of the following terms best describes a transfer between two or more parties or resources,or rights to control resources,which occurs outside the terms of a market context?

Question

Quizplus · Accepted Answer

Social exchange best describes a transfer between parties or resources outside a market context. Social exchange occurs when individuals or organizations exchange resources, such as time, attention, or emotional support, with one another based on social norms and expectations, rather than for monetary or market-based reasons. Power exchange relates to the transfer of power or influence between parties, authority exchange relates to the transfer of formal authority or control over resources, knowledge exchange relates to the transfer of information or expertise, and formal exchanges refer to exchanges that occur within the context of an established institutional structure or system.

Which of the Following Terms Best Describes a Transfer Between