logo image

Chapters 8-9

In December of 2008, Canada authorized emergency loans for automotive companies.
False (change)
The “Group of 7” met in April 2009 and committed $1.1 dollars to loans in an attempt to stave off a world depression
False
A cooperative government-business relationship on one issue does not guarantee cooperation on another issue.
True
Public policy is a plan of action undertaken by business to influence the government.
False
Public Policy Inputs are external pressures which shape governmental policy decisions and strategies to address problems.
True
Governments use public policy tools to achieve public policy goals.
True
Monetary policies refer to policies that affect the supply, demand and value of the nation’s currency.
True
A national health care policy is an example of an economic policy.
True
Economic regulations aim at modifying the normal operations of the free market and the forces of supply and demand.
True
An example of a market failure is when a company fails to incorporate the cost of a side effect which is borne by someone else.
True
A negative externality is the same as a spillover affect.
True
Natural monopolies generally occur because of heavy initial government regulation
False
The oldest regulations generally deal with safety in the workplace.
False
BATF is generally considered to deal with social regulation, not economic regulation.
False
According to blogger Michael Hodges, we spend almost $5,000 per person annually in regulatory costs in the United States.
True
Which of the following is not a public good?
A) police protection.
B) homeland security.
C) public libraries.
D) police protection.
public libraries.
Who described public policy as what government chooses to do or not to do:
A) Bill Clinton.
B) George Bush.
C) Sam Walton.
D) Patrick Moynahan.
Patrick Moynahan.
Government:
A) Tends to cooperate with business.
B) Tends to be in conflict with business.
C) Sometimes cooperates and sometimes is in conflict with business.
D) Tends to be controlled by business.
Sometimes cooperates and sometimes is in conflict with business.
Cooperation between business and government often occurs when:
A) They encounter a common problem or enemy.
B) Business can afford it.
C) Business is required by law to cooperate.
D) Government has the support of the people.
They encounter a common problem or enemy.
An example of an illegitimate government can be seen in:
A) Burma.
B) Russia.
C) The United States.
D) Spain.
Burma.
Public policy is a basic set of goals, plans and actions undertaken by:
A) Political lobbyists.
B) A government.
C) Business advocacy groups.
D) Police and fire departments.
A government.
Which of the following is NOT an example of a public policy input:
A) Foreign policy concerns.
B) Media attention.
C) Economic pressures.
D) All are examples of public policy inputs.
All are examples of public policy inputs.
Public policy tools involve a combination of:
A) Incentives and political favors.
B) Penalties and prison terms.
C) Incentives and penalties.
D) Political favors and prison terms.
Incentives and penalties.
Public policy effects are:
A) Invariably please more people than they displease.
B) generally easy to predict.
C) Only know ten years after the public policy is enacted.
D) Sometimes intended and sometimes unintended.
Sometimes intended and sometimes unintended.
Economic policies include:
A) Fiscal and monetary policies.
B) Monetary and social assistance policies.
C) Fiscal and social assistance policies.
D) Policies initiated by the Federal Reserve System.
Fiscal and monetary policies.
Which of the following is NOT considered an economic policy:
A) Trade policy.
B) Taxation policy.
C) Industrial policy.
D) All of the above are considered economic policies.
All of the above are considered economic policies.
The primary way of accomplishing public policy is through:
A) Wait for businesses to act.
B) Lobbying Congress.
C) Regulation.
D) Writing your politician.
Regulation.
A spillover effect is also known as:
A) Negative externality.
B) Unplanned cost.
C) Unintended cost.
D) All of the above.
Negative externality.
Which of the following is not a natural monopoly:
A) The NFL.
B) Railroads.
C) Software.
D) Cable tv.
The NFL.
Which of the following is NOT an example of a social regulatory agency?
A) Consumer Product Safety Commission.
B) The Environmental Protection Agency.
C) National Highway Traffic Safety Administration.
D) National Labor Relations Board.
National Labor Relations Board.
FRB is an abbreviation for what regulatory agency?
A) Federal Reserve Board.
B) Fiscal Responsibility Bureau.
C) Federal Recycling Bureau.
D) Foreign Relations Board.
Federal Reserve Board.
A regulatory agency charged with enforcing social regulation:
A) Federal Trade Commission.
B) Federal Aviation Administration.
C) Federal Communications Commission.
D) Internal Revenue Service.
Federal Trade Commission.
Total social regulation costs are:
A) Slightly higher than total economic regulation costs.
B) Slightly less than total economic regulation costs.
C) Significantly higher than total economic regulation costs.
D) Equal to total economic regulation costs.
Slightly less than total economic regulation costs.
Since the 1980s, staffing for regulation enforcement has:
A) Slightly increased.
B) Slightly decreased.
C) Dramatically increased.
D) Been about the same.
D) Been about the same.
Deregulation is often:
A) A politically popular idea.
B) A politically unpopular idea.
C) Seen during a Democratic federal administration.
D) Found in European countries but not in the United States.
A politically popular idea
Reregulation is:
A) The adoption of regulation in another country to promote trade.
B) Necessary since all regulation has a time limit.
C) The increase or expansion of government regulation.
D) The shifting of regulation to the state level from the national level.
The increase or expansion of government regulation.
Deregulation has NOT occurred in which industry:
A) Commercial airlines.
B) Railroads.
C) Electronics.
D) Financial institutions.
Electronics.
Deregulation in Europe usually occurs in the area of:
A) Social Regulation.
B) Fiscal Regulation.
C) Health Care Regulation.
D) Economic Regulation.
Social Regulation.
As of 2009, what percentage of Americans smoked:
A) 8%.
B) 15%.
C) 20%.
D) 26%.
20%.
Who was the leading Senate Sponsor of the Family Smoking Prevention and Tobacco Control Act.
A) Ted Kennedy.
B) Charles Grassley.
C) Barack Obama.
D) Barbara Mikulski.
Ted Kennedy
Despite substantial opposition, Google and Yahoo joined in an advertising venture in 2008.
A) True
B) False
True
Using political means, Merck was able to legally sell Manicil to girls as young as 12 years old.
A) True
B) False
True
Opponents of business’s involvement in the political process argue that businesses risk their credibility by becoming involved in partisan politics.
A) True
B) False
True
In a 2009 Harris Poll, approximately 85% of those surveyed believed that big business has too much political power.
A) True
B) False
True
The AFL-CIO supported the 2008 Republican ticket by establishing a website entitled McCain revealed.
A) True
B) False
True
In 2008, President Bush signed a law which changed the date of daylight savings time.
A) True
B) False
False- 2005
Chemical firms generally have a sophisticated political strategy.
A) True
B) False
True
Since 1998, the number of lobbyists has almost tripled.
A) True
B) False
True
Under U.S. law, lobbying activities must be disclosed publicly.
A) True
B) False
True
Lobbying firms must register with the Government, though this action is not required by in house lobbyists.
A) True
B) False
False
Expert witnesses provide information to legislators for businesses or business groups.
A) True
B) False
True
Companies that have organized PACs can only donate $4,000 per election cycle to these organizations.
A) True
B) False
False
2008 was the first time that Presidential candidates raised over one billion dollars.
A) True
B) False
True
Barack Obama raised slightly less money than John McCain for the 2008 Presidential election.
A) True
B) False
False
Advocacy ads have been legal in the United States since 1978.
A) True
B) False
True
The solar polar industry:
A) is dominated by three large companies which are very active politically.
B) has eschewed political donations, and has subsequently suffered under the Obama administration.
C) was able to have legislation passed in Hawaii which requires solar water heaters in all new construction by 2010.
D) has approximately 2,900 companies in the United States.
C) was able to have legislation passed in Hawaii which requires solar water heaters in all new construction by 2010.
Proponents of business as a political participant argue:
A) A pluralistic system invites many participants.
B) It is business’s constitutional right to be involved.
C) Business is a vital stakeholder of government.
D) A and C, but not B.
D) A and C, but not B.
An ad hoc coalition
A) brings together groups in the same or a similar industry to attempt to pass legislation.
B) Must register prior to engaging in direct lobbying.
C) formed to change daylight savings time.
D) None of the above.
C) formed to change daylight savings time.
In a 200 Harris poll, what percentage of people polled believed that small business had too much political power?
A) 5 percent.
B) 76 percent.
C) 44 percent.
D) 19 percent.
A) 5 percent.
Which of the following is not part of a corporation’s information strategy?
A) Public Relations
B) Lobbying
C) Direct Communication
D) Expert Witness testimony
A) Public Relations
Global Crossing:
A) failed despite being well connected politically.
B) exposed the hypocrisy of the NPA and deep water drilling.
C) became the first organization to bundle at least $50 million in an electoral cycle.
D) Succesfully lobbied to be exempt from solar panel legislation.
A) failed despite being well connected politically
To influence government policymakers’ actions, an information strategy involves:
A) Business providing government policymakers with information through direct communications.
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 providing government policymakers with information through direct communications.
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.
Which of the following is NOT a constituency-building strategy tool?
A) Expert witness testimony.
B) Advocacy advertising.
C) Public relations.
D) Legal challenges.
A) Expert witness testimony.
Which group spent the most on lobbying in 2008?
A) AARP.
B) PG & E.
C) Exxon/Mobil.
D) The U.S. Chamber of Commerce.
D) The U.S. Chamber of Commerce.
Lobbyists, under U.S. law, must disclose their:
A) Earnings.
B) Expenses.
C) Earnings and expenses.
D) Political affiliation.
C) Earnings and expenses.
Which of the following is NOT true about Jack Abromoff:
A) He was a former lobbyist.
B) He received a six year prison sentence.
C) He received a harsh sentence to serve as a deterrent for would be lawbreakers.
D) All of the above are true.
D) All of the above are true.
What prominent lobbyist pleaded guilty to fraud in 2006:
A) Bruce Bereano.
B) Fred Simmons.
C) Jack Abramoff.
D) Dennis DeYoung.
C) Jack Abramoff.
Which of the following is not true about “temptation laws”
A) It was passed at least partly in response to the Abramoff scandal
B) Lawmakers are barred from receiving gifts.
C) Common cause celebrated the law as “the first successful attempt at a lobbying law to close meaningful loopholes”.
D) All of the above are true.
D) All of the above are true.
Expert witness testimony is often provided:
A) Through company newsletters.
B) On the steps of the White House.
C) In Congressional hearings.
D) In the Wall Street Journal.
C) In Congressional hearings.
This group, founded in 1972, consists of CEOs of major corporations:
A) Better Business Bureau.
B) League of Businessmen.
C) Civic League.
D) Business Roundtable.
D) Business Roundtable.
Which of the following is true of the 2008 Presidential election:
A) Barack Obama did not receive federal funds.
B) Barack Obama raised more slightly less than double what John McCain raised.
C) Ralph Nader was not eligible for federal funds.
D) All of the above are true.
A) Barack Obama did not receive federal funds.
Which of the following is true regarding Ford Motors and the 2008 bailout:
A) Ford was deemed ineligible for the bailout.
B) Ford rejected bailout funds.
C) The CEO of Ford refused to testify in front of Congress.
D) Prior to the bailout, Ford was in worse shape than Chrysler or General Motors.
B) Ford rejected bailout funds.
Vernon Jackson .
A) is a former Louisiana Congressman who was convicted of taking a bribe.
B) was found guilty in 2009 of multiple charges, including money laundering.
C) was the CEO of General Motors during the bail out period.
D) was the highest paid lobbyist in 2008.
B) was found guilty in 2009 of multiple charges, including money laundering.
What PAC raised the most in 2001-2002 and 2007-2008
A) National Association of Realtors
B) American Trial Lawyers Associations.
C) American Medical Association.
D) National Association of Auto Dealers.
A) National Association of Realtors
Which of the following is NOT true about advocacy advertising:
A) They have been legal in the United States since 2008.
B) Merck pioneered the use of issue advertising.
C) It is also referred to as issue advertising.
D) They generally focus on political issues as opposed to products.
A) They have been legal in the United States since 2008.
Who or what generally leads a large company’s public affairs department:
A) The CIO (Chief Information Officer).
B) An appointed Senior Committee.
C) A Senior Executive or V.P.
D) A Deputy CEO.
B) An appointed Senior Committee.
Which of the following was used to circumvent the soft money ban in the McCain-Feingold bill:
A) 323c corps.
B) 527 organizations.
C) C-24s.
D) Cipics.
B) 527 organizations.
Which leader was NOT fingered by Transparency International for stealing from their country:
A) Pol Pot.
B) Ferdinand Marcos.
C) Mohammed Soharto.
D) Mobuto Seeko.
A) Pol Pot.
What former New Jersey Senator stopped his campaign re-election bid in 2002 and subsequently became a lobbyist:
A) Frank Lautenberg.
B) Christine Todd Whitman.
C) Robert Torricelli.
D) Neal Peart.
C) Robert Torricelli.

Need essay sample on "Chapters 8-9"? We will write a custom essay sample specifically for you for only $ 13.90/page

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy