Wk04A_1301 Regulating (Ch.10) - ADM1301A Fall2009 Week4...

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ADM 1301A Fall 2009 Week 4 Chapter 10: Regulating Business
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    2 Chapter Outline Regulation: Market, Self, Government Business Involvement in Politics and Lobbying Corporate Public Affairs Departments Corporate Agenda Impact of Decreasing Government Involvement Ethical Implications in Business–Government  Relationship Ethics in Government
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    3 Spectrum of Regulation Laissez-faire regulation Corporate self-discipline Industry self-regulation Self-regulation involving stakeholders Negotiated self-regulation Mandated self-regulation Quasi-government regulation Government regulation
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    4 Market Regulation  No need for government-imposed laws or regulations Corporation influenced by market forces Laissez-faire approach Government does not interfere with business Consumers can force companies to behave in  particular ways by refusing to purchase goods or  services or through boycotts
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    5 Self-Regulation  Corporate self-discipline regulation mission, values statement, codes of conduct or  ethics Industry self-regulation
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  • Fall '10
  • TimRagan
  • government involvement, Corporate Public Affairs, regulation Government regulation, Government Business Involvement

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