How did the power of standard oil change society


Discussion Post: Management Aptitude

Read the Standard Oil case study as well as Exxon and the Control of Oil. You are to support the position of either the pluralist theory or dominance theory of business power depending on your point of view after reading the case study.

From the perspective of the theory which you have determined, consider the following prompts in your response:

1) With reference to the seven levels of corporate power addressed in the text, how did the power of Standard Oil change society?

2) Was the power exercised in keeping with the social contract of Rockefeller's era?

3) Does the story support the position of either the pluralist or dominance theory of business power?

State which theory (pluralist or dominance) you personally ascribe to. Did the arguments you read on this discussion topic change your perspective?

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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