Individuals and firms that seek to gain power by reducing dependence on other actors while increasing the dependence of others on themselves are creating which of the following?

Question

Quizplus · Accepted Answer

The scenario described in the question is an example of resource dependence. Resource dependence theory explains that organizations or individuals seek to reduce their dependence on others by acquiring resources that other actors depend on. This creates a power imbalance where the resource-rich actor has more control over the resource-poor actor. This can be seen in situations where large corporations control access to a critical resource, such as oil or water, and smaller companies or individuals become dependent on them for access to that resource.

Individuals and Firms That Seek to Gain Power by Reducing