ADMS 1000 Chapter Notes - Chapter 7-12: Liquor Control Board Of Ontario

63 views11 pages
whitebuffalo5917706 and 39630 others unlocked
ADMS 1000 Full Course Notes
12
ADMS 1000 Full Course Notes
Verified Note
12 documents

Document Summary

Introduction phase: the quest of legitimacy in the early stage of industry life cycle, socio political legitimacy the endorsement of an industry, activity, or organizational form by key stakeholders and institutions such as the state and government officials, opinion leaders, or the general public, cognitive legitimacy the level of public knowledge about a new industry and its conformity to established norms and methods reflected in the extent to which it is taken for granted as a desirable and appropriate activity. Growth phase: de jure standard a standard that is legally mandated and enforced by a government or standard organization, de facto standard a standard that arises by virtue of common usage and is not officially sanctioned by any authority, shakeout a large number of exits from the market at the same time as the aggregate output of the industry increases; a natural and healthy, though painful, process for an industry to purge and weed out the weaker competitors.

Get access

Grade+
$40 USD/m
Billed monthly
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
10 Verified Answers
Class+
$30 USD/m
Billed monthly
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
7 Verified Answers

Related Documents