Business and Society Ch 8

One of the oldest financial-incentives strategy tools is: Advocacy advertising Political consulting aid. Lobbying. Political action committee contributions.

Political action committee contributions.

A common tactic financial-incentive political strategy is Legal challenges. Political contributions. Expert witness testimony. Lobbying.

Political contributions.

A company that builds stakeholder coalitions to influence government is using which strategy? Constituency-building. Friendly forces. Informational. Financial-incentives.

Constituency-building.

The emergence of public issues often encourages companies to monitor public concerns, respond to government proposals, and participate in the political process True False

True

Dark money refers to. Anonymous contributions to for-profit organizations. Money collected illegally by PACs Undisclosed contributions to tax-exempt organizations. Soft money.

Undisclosed contributions to tax-exempt organizations.

Public policies and government regulations are shaped by; Business. Special interest groups. Government. All of the answers are correct.

All of the answers are correct.

Which political action strategy seeks to gain support from other affected organizations to better influence policymakers? Lobbying strategy. Constituency-building strategy. Information strategy. Financial-incentive strategy.

Constituency-building strategy.

Business should stick to pursuing profits and have no legal right to be engaged in political activities. True False

False

Businesses must wait for a public issue to arise before forming a political strategy. True False

False

Various stakeholder groups often use far different tactics than businesses to influence government officials, elections, and regulation. True False

False

When a manager directly employs a lobbyist to represent the company's political strategy in Washington, this is called aggressiveorganizational involvement in politics. True False

False

Labor unions have been an active participant in United States politics for decades. True False

True

Most scholars agree that business must participate in politics. True False

True