BUS 220 - Ch8 Quiz

In the case Political Action by the U.S. Steel Industry, 2015-2018, what is one reason that foreign-made steel prices were so much lower than U.S. steel?

Many foreign governments subsidized their steel industries.

A super PAC is a financial-incentive political strategy tool.

True

Expert witnesses provide testimony to legislators for businesses or business groups.

True

Those who oppose business involvement with politics argue that managers do not have enough expertise to participate

True

Under U.S. law, lobbying activities must be disclosed publicly.

True

Dark money refers to

Undisclosed contributions to tax-exempt organizations.

A corporate political strategy does not:

Determine the legal limits allowed for campaign financing.

Businesses believe they should avoid politics because the economic stakes are too high.

False