According to the dominance theory,business abuses the power its size and wealth confer in a number of ways.

Name: According to the dominance theory,business abuses the power its size and wealth confer in a number of ways.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

The dominance theory argues that businesses use their economic power to dominate and exploit consumers, workers, and smaller competitors. This can take many forms, such as price fixing, wage suppression, and anti-competitive behavior.

According to the Dominance Theory,business Abuses the Power Its Size