_____ power is the ability of a company to influence events,activities,and people by virtue of control over resources.
A) Legal
B) Technological
C) Economic
D) Social

Question

Quizplus · Accepted Answer

Economic power is defined as the ability of a company to influence events, activities, and people by virtue of control over resources. This refers to a company's control of financial resources, including capital, investments, and natural resources. Economic power allows a company to direct the activities of other companies and individuals in the industry. Legal power refers to a company's ability to influence events by virtue of its legal position, while technological power refers to a company's control over technology and innovation. Social power refers to a company's control over social and cultural norms.

_____ Power Is the Ability of a Company to Influence