Question

In: Operations Management

1.Identify and explain the sub environments of the Market/Task Environment? 2. Explain the FIVE (5) types...

1.Identify and explain the sub environments of the Market/Task Environment?

2. Explain the FIVE (5) types of power a leader should utilise.

Solutions

Expert Solution

1. The sub-environments of the market/task environment are:-

1. Competitors: this provides us with the competition factor that is present in the market.

2. Customers: this provides us with the value factor to the customers and at the same time their needs and requirements.

3. Suppliers: required to manufacture a product or a service.

4: Distributors: required to deliver a product or a service

5: Mass media: external factors which can potentially impact the state of the organization in the long run.



2. The powers that leaders should utilize are:-

1. Legitimate power: the power a leader has which allows them to utilize their position in the hierarchy in the form of a formal authority.

2. Reward power: the power a leader has which allows them to utilize rewards based on positive performance.

3. Expert power: this is the power a leader has which allows them to use their expertise in the field.

4. Referent power: this is the power that is based on the behaviour, charisma and/or other positive identifiable traits of the leader.

5. Coercive power: the power that a leader has in which they utilize punishment/deliver punishment.


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