3 Power in international business relationships

DOI: 10.4324/9781003095934-4

3.1 The specific nature of power in international business relationships

3.1.1 Introduction

This chapter provides an insight into the special nature of power in international business relations. First, we consider power in light of the characteristics of a dynamic and turbulent international business environment. We argue that power is a reflection of dependence, with contrasting phenomena on the same continuum, although clearly supporting the position that limited dependence leads to low power due to low attention to the relationship. Although the most common response of the weaker party in an asymmetric, imbalanced dependency is no response, the weaker party ...

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