davenport econ625 week 7 quiz

Which of the following is an example of informal regulations with respect to a firm’s social context?

What aspect(s) of internal context are important in situations of chronic goal conflict?

Which of the following terms best describes an individual actor’s ability to accomplish his or her goals by using resources obtained through non-contractual exchange relationships?

What term best describes exchanges of goods, services, or promises on terms that take place outside of traditional economic markets and are not enforceable in court?

Which of the following terms best describes ability that stems from the explicit contractual decision-making and dispute-resolution rights that a firm (or some other source) grants to an individual?

Which of the following terms best refers to the exercise or use of power in a given situation by an individual?

a) Control

b) Authority

c) Culture

d) Influence

e) Contracts

What is the source from which a person derives legitimate or formal power?

What does Chester Barnard mean when he uses the term zone of indifference?

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?

What term does Ronald Burt use to describe relationships in social networks in which one actor is the critical link between individuals or entire groups of actors?