Chapter 8 SOCIAL RESPONSIBILITY AND ETHICS IN MANAGEMENT

Lobbyists, under U.S. law, must disclose their:

Earnings and expenses.

When a business seeks to overturn a law after it has been passed or threatens to challenge the legal legitimacy of the new regulation in the courts, this is called:

Legal challenges.

A corporate political strategy does not:

Determine the legal limits allowed for campaign financing.

Which of these statements accurately describes a Super PAC?

Does not allow direct contributions to candidates or political parties. Correct

Firms in the chemical industry, which must contend with frequently changing environmental regulations and the risk of dangerous accidents, usually have:

A sophisticated political strategy.

When managers become personally involved in developing public policy, the firm is at what level of business political involvement?

Aggressive organizational involvement.

Public policies and government regulations are shaped by:

All of these answers are correct: Business. Special interest groups. Government.

The typical public affairs executive spends most of the day:

All of these answers are correct: Coalition building. Direct lobbying. Fund raising.

Businesses promote an information strategy by inviting government leaders to:

All of these answers are correct: Visit local plant facilities. Attend company award ceremonies. Give speeches to employees.

Proponents of business as a political participant argue:

Both of these answers are correct: A pluralistic system invites many participants; and business is a vital stakeholder of government.

Supporters of advocacy advertisements believe that they:

Both of these answers are correct: Identify a company as an interested and active stakeholder; and can help mold public opinion on a particular policy issue.

When a firm solicits its stockholders for political contributions for a particular candidate by letter and then sends those contributions to the candidate on behalf of its stockholders, it is called:

Bundling.

Which political action strategy seeks to gain support from other affected organizations to better influence policymakers?

Constituency-building strategy.

A company that builds stakeholder coalitions to influence government is using which strategy?

Constituency-building.

Since 2008, the total amount spent on lobbying activity has:

Decreased slightly.

Which of the following is not a constituency-building strategy tool?

Expert witness testimony.

In a survey of 105 companies in 2017, the most frequent public affairs tactic was related to:

Federal government relations.

Expert witness testimony is often collected:

In congressional hearings.

The information strategy tool most used by business is:

Lobbying.

One of the oldest financial-incentive strategy tools is:

Political action committee contributions.

A common tactic in a financial-incentive political strategy is:

Political contributions.

A large sporting goods store that raised the age for purchase of some firearms in response to public concerns for gun control were seen by detractors as:

Risking their reputation by engaging in politics.

Dark money refers to:

Undisclosed contributions to tax-exempt organizations.

Hiring former government officials for positions in the corporate world is:

normally legal.

To help control political favoritism, there have been global efforts to:

Promote fairness in the electoral process.