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MBA 665 CTI John D Rockefeller the Standard Oil Trust & Dominance Theory Discussion

MBA 665 CTI John D Rockefeller the Standard Oil Trust & Dominance Theory Discussion

Question Description

Read the Standard Oil case study beginning on page 73-82 of the textbook as well as pp. 145–150 of Exxon and the Control of Oil.

From the perspective of the Pluralist theory, consider the following prompts in your initial post:

  • With reference to the seven levels of corporate power addressed in the text, how did the power of Standard Oil change society?
  • Was the power exercised in keeping with the social contract of Rockefeller’s era?
  • Does the story support the position of either the pluralist or dominance theory of business power?
  • Also, state four reasons you will personally ascribe to pluralist theory.
  • Explain your reasoning/ disagreements for not choosing the social contract from the perspective of the dominance theory.

    Support with scholarly research cited in APA style.

Book: Business, Government, and Society: A Managerial Perspective

13th Edition

Steiner, John; Steiner, George

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