Influencing the Political Environment.docx

Strategies exercise the businesss right to a voice in

Info icon This preview shows pages 2–4. Sign up to view the full content.

Strategies: exercise the business’s right to a voice in government affairs Such as some companies’ protest against the Arkansas “religious freedom” bill. Companies develop an ongoing political strategy. (firms in the chemical industry) Business Strategies for Influencing Government Promoting an Information Strategy: Lobbying 游说 Lobbying: direct contact with a government official to influence the thinking/actions of that person on an issue or public policy. Lobbyists role: ▪Communicate with and try to persuade others to support an organization’s interest. Revolving door: when businesses hire former government officials as lobbyists and political advisors. Lobbying in Australia
Image of page 2

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Not the firm own employees but rather fulltime specialist ‘lobbyists’ Through large specialist lobbying companies Closely associated with the risk of politicians and Government officials committing fraud and breaching laws and codes of conduct. Direct Communications 直接沟通 ▪Businesses invite officials to participate in activities that will improve government officials’ understanding of management and employee concerns. Expert Witness Testimony 专家听证会 Businesses provide facts, anecdotes, or data to educate or influence government leaders at public forums like parliamentary hearings. Political Action Committees 政治行动委员会 Independently incorporated organizations. Solicit contributions and channel those funds to candidates seeking political office. Active in industries that are highly regulated. (financial services and health care industries) Disadvantage: Contributions are capped at fairly low levels Companies cannot give money directly to their affiliated PACs
Image of page 3
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.
  • Three '18
  • Political campaign, Federal Election Commission, business political involvement, Political Participant, Financial Incentive Strategy

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern