Week 2 Supplemental Gov't - Social Context of Business Week...

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1 Social Context of Business Week 2 The Canadian Government Sector (supplemental) Text Reference: Chapter 10
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2 Government’s Role in Influencing Business 1. Prescribes the rules for business 2. Purchases business’ products and services 3. Contracts power to get business to do things it wants 4. Is a major promoter and subsidizer of business 5. Is the owner of vast quantities of productive equipment and wealth 6. Is an architect of economic growth 7. Is a financier 8. Protects society against business exploitation 9. Directly manages large areas of private business 10. Acts as a social conscious and redistributes resources to meet social objectives
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3 Roles of Government and Business What should be the respective roles of business and government in our socioeconomic system? Which tasks should be handled by government and which by business? How much autonomy are we willing to allow business?
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4 Interaction of Business, Government, and the Public Business General Public Government Lobbying Regulations and Other Forms of  Persuasion Advertising Public Relations Political Process Voting Interest Groups Contributions
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