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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Module 2 DQ

Module 2 DQ

Q • With reference to the seven levels of corporate power addressed in the text, how did the power of Standard Oil change society? • Was the power exercised in keeping with the social contract of Rockefeller’s era? • Does the story support the position of either the pluralist or dominance theory of business power?

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The power of standard oil has altered the society in many ways primarily through economic power. The seven levels of corporate power have been used the most. It helped people in getting employment and also provided essential control over the resource.