Ch_11_govt_reg

Ch_11_govt_reg - 0 Business, Government, and Regulation...

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Business, Government, and Regulation Revised by Dr. Mayer, MKT351 Cleveland State University Chapter 11 0
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Introduction to Chapter 11 First of two chapters on government stakeholders— business’s “silent partner” The chapter examines the relationship between business and government, and in particular, the government’s role in influencing business. 0
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Chapter 11 Outline I. Interaction of Business, Government, and the Public II. Government’s Nonregulatory Influence on Business III. Government’s Regulatory Influences on Business IV. Regulatory Issues 0
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What should be the respective roles of business and government in our socioeconomic system? Given all of the tasks that must be accomplished to make our society work, which of these tasks should be handled by the government and which should be handled by business? How much autonomy are we willing to allow business? Business/government relationship is adversarial and deteriorating. Why? . . . . I. Roles of Government and Business 0
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Business Beliefs Government Beliefs Individualistic ethic Maximizes concession to self-interest Minimizes the load of obligations society imposes on the individual (personal freedom) Emphasizes inequalities of individuals Collectivistic ethic Subordinates individual goals and self-interest to group goals and group interests
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This note was uploaded on 04/28/2011 for the course MKT 351 taught by Professor Mayer during the Spring '11 term at Cleveland State.

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Ch_11_govt_reg - 0 Business, Government, and Regulation...

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