Sample Solution

The statement that history shows profit oriented organizations were positioned as corporations through processes driven by political power accurately reflects the reality of many countries around the world. This is because in many cases, particularly during periods of rapid economic expansion such as industrialization , powerful elites have used their influence to create and shape corporate structures which favor their own interests (Kumar & Kunnumkal, 2020).

For example ,in some countries historical records show that governments collaborated with large businesses to establish monopolies or cartels which limited competition and allowed certain companies to dominate entire markets (Robinson et al., 2020). Furthermore ,these same states often provided generous tax incentives or other forms of assistance to these firms in order to encourage further growth . On top of this some nations also gave special privileges such as limited liability status to certain business entities in order to make them more attractive for investors (Robinson et al., 2020).

Consequently then it’s clear that political power has played a significant role in shaping the nature of modern corporations over time . It’s also worth noting however that while this has certainly had positive effects insofar as encouraging economic development and investment ,it can lead to abuse if left unchecked due to lack of transparency and accountability . Therefore it is important for policy makers when designing any sort policies related corporation formation that they remain mindful about ensuring these rules are fair and equitable.