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3 Cards in this Set
- Front
- Back
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Dominance theory |
Business is the most powerful institution. It’s power is excessive and inadequately checked.
Wealth is concentrated creating a ruling elite |
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Pluralist theory |
Institutions other than business also have great power. Business power is counter balanced and hence not excessive E.g Instagram gives users power to influence |
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Boundaries to managerial power (pluralist) |
Social values Gov and laws Social interest groups Markets and eco stakeholders |
