Question

1. The principal vehicle for creating a majority coalition is from:

a) Collection of minorities.

b) Large firms.

c) Those without power.

d) Anyone willing to join.

ANSWER:

2. Business coalitions are made up of three types except which of the following?

a) Peak organizations

b) Industry organizations

c) Ad hoc coalitions

d) stakeholder groups

ANSWER:

        19. Trade associations serve a variety of _____ and ______ functions.

a) market, corporate

b) market, nonmarket

c) corporate, nonmarket

d) corporate, stakeholder

ANSWER:

     20… Campaign contributions are made for all but which of the following reasons?

a) Influence legislative voting

b) Obtain access to present or future officeholders

c) Affect outcome of elections

d) Help a CEO with his/her political future

ANSWER:

       21. Because lobbying is the centerpiece of most firms’ participation in political issues, what two

               types of people are usually employed?

a) Professional lobbyists and grassroots

b) Professional lobbyists and ex-members

c) Professional lobbyists and former staff

d) Professional lobbyists and managers responsible for presenting a firm’s

                    position,

ANSWER:

Answer 1

17. (d) Anyone willing to join

18. (d) stakeholder groups

A stakeholder is any person, organization, social group, or society at large that has a stake in the business. Thus, stakeholders can be internal or external to the business.

19. (a) market, corporate

A trade association is an organization or group that is funded by businesses in a particular industry. The purpose of a trade association is to set laws and provide extensive knowledge to companies within a particular industry.

20. (d) Help a CEO with his/her political future

Campaign funds may be used to pay the costs of travel to an activity that is related to the campaign or to the candidate's duties as a federal officeholder.

21. (d) Professional lobbyists and managers responsible for presenting a firm’s position

Professional lobbyists are people whose business is trying to influence legislation, regulation, or other government decisions, actions, or policies on behalf of a group or individual who hires them. Individuals and nonprofit organizations can also lobby as an act of volunteering or as a small part of their normal job.