Business, Government & Society Topic - Countervailing Force Model Presented by, SACHIN SOMANNA M.P , 1
The countervailing forces model shows flows of power and influence among environmental factors, the public, government, and corporations. It represents a pluralist vision in which the power of business is checked and controlled. 2
3
The countervailing Forces Model Environment catalysts Economic conditions Markets Ideologies Technology Nature Culture Change 4
Government Statutes Regulations Political leadership Partisan behaviour 7
Countervailing forces model conclusions Business is deeply integrated into an open society and must respond to many forces, both economic and noneconomic. Business is a major initiator of change in society through its interaction with government, its production and marketing activities, and its use of new technologies. Broad public support of business depends on its adjustment to multiple social, political, and economic forces. BGS relationships continuously evolve as changes take place in the main ideas, institutions, and processes of society. 8