dominance theory of business?

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  • The dominance theory of corporate power refers to philosophy of large business firms or limited-liability entities — such as corporations — to acquire an edge over competitors and a position of the most powerful institution in society through control of an excessive portion of wealth. Power, for the purposes of this theory, means the ability to compel actions, and influence government policies for trade and have support of legislators for framing or modifying laws concerning their field of operations.

  • Leonard Lee and Roger Williams asked the same question. You should read their answers side by side.

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