BA325 Exam 2

Managers' understanding of government regulations is:

Both a domestic issue and an international issue.

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

Political contributions

The primary way of accomplishing public policy is through:

Regulation.

Natural capital refers to the world's

Supply of geology, soil, air, water and all living things.

Sustainable development through technology cooperations is best illustrated by:

The Paris Agreement

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 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.

To influence government policymakers' actions, an information strategy involves:

Business leaders speaking before government policymakers.

public policies and government regulations are shaped by:

Business, special interest groups, and government (all of the above)

Past decisions of the courts, the original basis for the U.S. legal system, are called

Common Laws

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

Constituency-building strategy.

A corporate political strategy does not:

Determine the legal limits allowed for campaign financing.

The commitments of the Convention on Biological Diversity include:

Developing national conservation strategies.

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

Discourage grassroots participation

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

Doubled

The amount of land and water a human population needs to produce the resources it consumes and to absorb its wastes given prevailing technology is called:

Ecological Footprint

Which of the following are examples of natural monopolies?

Electric utilities and railroads

an example of a regulatory agency charged with enforcing social regulation is:

Federal Trade Commission

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

Federal government relations

Which country has mad the greatest progress in reducing its solid waste stream

Germany

Participants in the Montreal Protocol agreed that by 2030 they would phase out:

HCFCs

By raising and lowering the interest rates at which private banks borrow money from the government, the Federal Reserve Bank:

Influences the size of the nation's money supply; Influences the value of the dollar; Minimizes investor confidence about the nation's future.

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

The information strategy tool most used by business is:

Lobbying.

Policies that affect the supply, demand, and value of a nation's currency are:

Monetary policies

An example of economic regulatory agency is:

National Labor Relations Board.

Government regulations help balance negative externalities such as:

No smoking rules enforced to mitigate the effects of second-hand smoke.

One of the oldest financial-incentive strategy tools is:

Political action committee contributions.

Economic regulations are illustrated by which action?

Preventing anticompetitive business practices.

According to the case Clean cooking, widespread adoption of clean cookstoves would provide:

Reduced health risks

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.

Total social regulation costs are:

Significantly higher than total economic regulation costs.

Around the world, government:

Sometimes cooperates and sometimes is in conflict with business

Dark money refers to:

Undisclosed contributions to tax-exempt organizations.

European Union regulators accused Uber engaging in:

Unfair competition

An example of industrial ecology in practice is

Using wastes from once process as raw materials for another process

Regulations can be argued as justified by based on:

Utilitarian and justice grounds

Patterns of government taxing and spending that are intended to stimulate or support the economy:

fiscal policy

Arable land is accurately described by which statement

it is a renewable resource

Reregulation is:

the increase or expansion of government regulation

Economists reported that the costs of regulatory compliance were highest for:

worker safety

By promoting the use of clean cookstoves in developing nations, a global alliance hopes to reduce:

Black carbon

The antitrust enforcement agencies in the United States have the legal authority to:

Block anticompetitive mergers in the U.S.

Supporters of advocacy advertisements believe that they:

Both Identify a company as an interested and active stakeholder and Can help mold public opinion on a particular policy issue. (Both A and B, but not C)

An example of codes of environmental conduct that have been developed by and for specific industries include:

Both The Equator Principles; and The Forest Stewardship Principles

Which of these statements accurately describes a Super PAC?

Does not allow direct contributions to candidates or political parties.

When the market fails to adjust for the full costs of a firm's behavior, this is called:

Market failure

Studies have shown that green marketing has been most successful at what level?

Product

An example of a global regulation that mitigates the impact of jet fuel on the environment is:

The Aviation Plan

Global warming can be described as

The earth has already warmed by between 0.7 and 1.1 degrees celsius over the past century; Burning fossil fuels is the leading contributor of global warming; the amount of greenhouse gases in the atmosphere has increased by as much as 40% since the industrial revolution.

In 2016, the Global Electoral Organization (GEO) discussed which critical election administration issues?

The use of technology to increase accountability.

Cooperation between business and government often occurs when:

They encounter a common problem or enemy

The role of the chief sustainability officer is described by which statements?

all of the above

Which pattern of consumption is recommended to reduce humanity's global footprint

choosing less harmful products

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

earnings and expenses

When a government orders companies not to conduct business in another country because of a war, human rights violations, or lack of a legitimate government; these orders are called:

economic sanctions

The process of firms buying and selling the right to pollute is an ex. of which type of environmental regulation?

market-based

The most successful global businesses in the coming years will be those companies that:

recognize the imperative for sustainable development as an opportunity both to competitive advantage and ethical actions

Proponents of business as a political participant argue:

A pluralistic systems invites many participants; Business is a vital stakeholder of government. (A and C, not B)

the term circular economy refers to:

A production system that is regenerative by design

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

Aggressive organizational involvement.

Antitrust laws protect consumers from:

Anticompetitive practices by business.

Government's role is to create and enforce laws that:

Balance the relationship between business and society.

The typical public affairs executive spends most of the day:

Coalition building, direct lobbying, and fund raising (all of the above)

A shared resource that a group of people collectively use:

Commons

Expert witness testimony is often collected in:

Congressional Hearings

The core ideas of sustainable development are:

Economic development must be accomplished sustainably; Poverty is an underlying cause of environmental degradation.

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

Expert witness testimony.

Advocacy ads are also called:

Issue Advertisements

Environmental regulations stimulate some sectors of the economy by:

all of the above

Which of the following represents a structural remedy for an antitrust violation?

breaking up a monopoly

Both large and small businesses have adopted sustainable practices to what advantage

cost savings from operational efficiency; opportunity to serve emerging companies; reduction of regulatory risk.

According to the discussion case, Hydraulic Fracturing, the primary purpose of fracking is to

extract crude oil and gas

The thin layer of gas that protects the Earth from excessive UV radiation from the sun

Ozone