Chapter 7 & 8

Past decisions of the courts, the original basis for the U.S. legal system, are called: A. Common laws. B. Legitimate actions. C. Torts D. Amendments

A. Common Laws

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: A. Economic Sanctions. B. Government stop-orders. C. Political sanctions. D. Government bailouts

A. Economic Sanctions

Deregulation is often: A. Found in European countries but not in the United States B. A politically popular idea. C. Seen during a Democratic federal administration D. A politically unpopular idea.

B. A politically popular idea.

To influence government policymakers' actions, an information strategy involves: A. Gaining support from other affected organizations. B. Business leaders speaking before government policymakers. C. Government policymakers hiring special interest groups for fact-finding projects. D. Businesses listening to government policymakers in order to develop a corporate strategy.

B. Business leaders speaking before government policymakers.

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

B. Undisclosed contributions to tax-exempt organizations

Which of the following is not a constituency-building strategy tool? A. Public relations. B. Advocacy advertising. C. Expert witness testimony. D.Legal challenges.

C. Expert witness testimony.

Businesses promote an information strategy by inviting government leaders to: A. Attend company award ceremonies. B. Give speeches to employees. C. Visit local plant facilities. D. All of the above.

D. All of the above.

The information strategy tool most used by business is: A. Legal challenges. B. Direct communication. C. Political contributions. D. Lobbying.

D. Lobbying

When the market fails to adjust for the full costs of a firm's behavior, this is called: A. Negative externalities B. Re-regulation. C. Deregulation. D. Market failure.

D. Market failure.

Cooperation between business and government often occurs when: A. Business can afford it. B. Government has the support of the people. C. Business operates at arm's length from the government. D. They encounter a common problem or enemy

D. They encounter a common problem or enemy