Question

It has been argued that business has too much power that, once exercised, even in a...

It has been argued that business has too much power that, once exercised, even in a responsible manner, distorts the balance of political power in the country. Discuss both sides of this issue. Where do you stand? Explain your position and the reasoning behind it.

Homework Answers

Answer #1

The facts confirm that a ton of arguments are set by the investors of the company and the significant powers in the market that if a company is provided by the inordinate powers even in a responsible way can cause and disturps the political power in the nation.

One side of this contention says that if the company is getting exorbitant power, this power could make the company practice over the top control and could transform the market into a restraining infrastructure.

This imposing business model could even destroy the political power and the economuc power of the nation that would in the long run cause the costs to go higher and furthermore abuse the human rights and buyer's entitlement to purchase.

Another side of this contention says that if the company is getting unnecessary power, this power could likewise make the company practice the control in a superior way. The company could act dependably and cause the economy and the individuals to get the correct items at the correct costs.

Shopper could just profit the items from one major brand having the enormous power and the entirety of their questions could be unraveled by a similar company.

Seeing both the sides of the contention, I despite everything accept that giving one company all the power isn't useful for the economy, governmental issues and furthermore the customer in the market. This could lead the legislature to fall under the influence and power of a similar nation and furthermore won't give different organizations to come into the market and contend in a reasonable way.

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