Which theory of business power is the basis of the countervailing forces model of the business-government-society relationship?
A) Dominance theory
B) State autonomy theory
C) Pluralist theory
D) Elite dominance theory

Question

Quizplus · Accepted Answer

The countervailing forces model is based on the pluralist theory of business power, which asserts that power is diffuse and multiple groups hold power in society, thus creating a balance of power. The model suggests that government, society, and business can create checks and balances against each other, preventing any one group from dominating the others.

Which Theory of Business Power Is the Basis of the Countervailing