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Q: What does the exchange model of influence suggest you do to build comparative relationship to complete a project?
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Continue Learning about Management

Nature and role of sales management?

Sales management helps to achieve the organizational objectives. The main objectives of sales management is that products should be sold at that price which realizes profits. Buyers and sellers both have same types of business relationships. This relationship is based on exchange of goods, services and money. Sales person develops a positive relationship with the customers. The role of sales team is interdependent and success of one team member depends on the other. The sales team continuously monitor the customer preference, competitors' situation, government policy and other regulatory bodies.


What benefits does managed exchange server hosting provide to a small business?

A managed exchange server hosting provides a lot of benefits to a small business. One of these benefits is the fact that there are economies of scale and as a result a decreased cost for the organization.


Challenges of finance manager?

Treasury Operations Foreign exchange Financial structuring Maintaining share prices and ensuring management control


What are the importance of an office in an organisation?

The office is impotant in an organization because it keeps the record of a businss. This is to collect,process,preserve and disseminate or pass on information their by aiding production,distribution and exchange of goods and services.


What is business volume?

Business Volume means: The number of items sold, or the number of shares sold on the Stock Exchange during a day's trading.Example: The Company has maintained the same volume of business in spite of the recession.

Related questions

How exchange rate movements influence business decision?

how exchange-rate movements influence business decisions


What is influence technique when the leader makes an offer?

exchange


What influence technique is used when the leader makes an offer?

exchange


New York Stock Exchange its relationship to a public company's equity?

explain stock exchange and role of IT in it


How is culture affected by Cultural Exchange?

Cultural Exchange gives locals the opportunity to adapt different customs from another influence.


Which influence tactic is most dependent on the agents reward power?

exchange


Which influence tactic is least likely to result in target commitment?

Exchange


How does the relationship between man and geography influence the development of Asian civilization?

Closer proximity of countries allows the exchange of culture be more frequent, thus developing a more similar culture. However, even countries that are far from each other but are connected by people can also allow the exchange of culture between them.


Which influence technique is used when the leader makes an offer to provide some desired items or action in trade for compliance with a request?

Exchange


What are the relationship between exchange and transaction?

In today's world both exchange and transactions are related to the business terms.They both have a deep relations in themselves. If there will be no exchange then there would be no transactions.


Describe how an exchange relationship strategy should work?

An exchange relationship is very simple. One person dates another in the hopes of getting something. It's like a reward for doing something for the other person.


What is the difference between equity theory and social exchange theory?

Equity theory focuses on the perception of fairness in social exchanges, where individuals compare their ratio of inputs and outcomes to those of others. Social exchange theory, on the other hand, emphasizes the rational calculation of rewards and costs in relationships, with individuals choosing those that provide the most benefits with the least costs. Both theories address relationships and interactions but differ in their emphasis on fairness perceptions versus rational decision-making.