The paper "The Importance of Power in Business and Government" is a great example of business coursework. In this paper, the importance of power has been explained in detail. It also explains the various definitions of the power of different popular social scientists. Power is an important component of society. It shows which player of society is powerful. The major players are government, businesses, or cooperation (global as well as national) and civil societies all have some agendas that they formulate for the welfare of the people of the society.
Power is an old concept that explains the relationship between different people and segments of society. The balance between governments, businesses, and civil society are hard to manage. Before the inception of globalization, the government is the only key holder of power, but after globalization different new realities have changed the outlook of the power balance. The power has shifted significantly towards cooperation that because of economic globalization or globalized economy. In addition, with the rise of social media and the internet now the democratic values are being promoted by civil societies and civil organizations have become another important player in the global world.
Similarly, in different countries the influence of government, business, and civil societies are different. In many capitalist economies like the United States of America, the business block is more powerful. On the other hand, in Australia, where the government is more powerful than the cooperation and trade unions. Power and its definition The concept of power is as old as a human existence in the world. In every society, some people have more power than others because of their position, rank, or status.
In general words, power is a social phenomenon that represents the relations between different people of society and shows which one is more influential than another. Many social scientists like Plato, Aristotle, Machiavelli, Hobbes, and Weber have tried to explain the complex concept of power. It is a complex concept because the factors of power and its hold are different in various societies.
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