The nature of business power

The nature of business power

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Notes:

Power is the force or strength to act. It has been defined as the ability to make someone do something they would not normally do.

There are many sources of power:

E.g... If I tell you to do something now. Would you do it?

What if Ned told you or Rosanna

Can we measure power…..WHY?

Power is subjective (E.g... the big neighbor who parks his car in your driveway)

BUSINESS POWER IS THE FORCE OR STRENGTH BEHIND BUSINESS TO CHANGE SOCIETY

Social contract gives legitimacy to the use of power

Concept of legitimacy changes over time

E.g... In war time, past etc..…

Ideological Marxism (Summer palace in Beijing)

Functional (Gas co... electric CO.) Moral