Business Ethics ch 8

What role is to manage the firm's interactions with governments at all levels in to promote the firm's interests in the political process?

Public affairs department

What are the most effective organizations promoting direct communications between business and policy makers is what?

The business round table

When does economic leverage occur?

When a business uses its economic power to threaten to leave a city, state, or country unless a desired political action is taken.

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

a. Business leaders speaking before government policymakers.

Trade associations are: a. Coalitions of companies in the same or related industries. b. Prohibited by U.S. law. c. Made up of unionized workers. d. Found in developing countries.

a. Coalitions of companies in the same or related industries.

Public backlash in the Treyvon Martin case in which a black teenager was shot to death and his assailant defended his actions by claiming protection under Florida's "stand your ground" law prompted: a.State legislatures to consider changing their regulation on civil rights. b. Businesses to distance themselves from the American Legislative Exchange Council (ALEC). c. Walmart to stop selling guns and ammunition at its retail stores. d. Businesses like Amazon.com, Coca Cola, Kraft Foods to stand up to civil rights groups.

b. Businesses to distance themselves from the American Legislative Exchange Council (ALEC).

According to the textbook, under the existing U.S. campaign contribution law, individuals: a. Can give more to PACs, and PACs can always give more to individual candidates. b. Can give more to PACs, and PACs can give more to each candidate depending on their number of contributors. c. Cannot give more to PACs, but PACs can give more to individual candidates. d. Cannot give more to PACs, and PACs cannot give more to individual candidates.

b. Can give more to PACs, and PACs can give more to each candidate depending on their number of contributors.

The information strategy tool most used by business is: a. Political contributions. b. Lobbying. c. Legal challenges. d. Direct communication.

b. Lobbying.

According to the textbook, under the existing U.S. campaign contributions law, individuals can contribute: a. Up to $1,400 to any candidate per election. b. Up to $2,500 to any candidate per election. c. Up to $5,400 to any candidate per election. d. Nothing, only organizations can contribute to candidates.

b. Up to $2,500 to any candidate per election.

Public policies and government regulations are shaped by: a. Business. b. Special interest groups. c. Government. d. All of the above.

d. All of the above. (Business, special interest groups, gov.)

Businesses promote an information strategy by inviting government leaders to: a. Visit local plant facilities. b. Attend company award ceremonies. c. Give speeches to employees. d. All of the above.

d. All of the above. (Visit local plant facilities, Attend company award ceremonies, Give speeches to employees.)

A common tactic in a financial-incentive political strategy is: a. Lobbying. b. Legal challenges. c. Expert witness testimony. d. Political contributions.

d. Political contributions.

A corporate political strategy does not: a. Hinder a competitor's ability to compete economically. b. Seek to continue the firm's economic survival or growth. c. Determine the legal limits allowed for campaign financing. d. Exercise a firm's right to a voice in government affairs

c. Determine the legal limits allowed for campaign financing.