Chapter 04 Assignment: Responding to the Ethical and Social Environment Business

Question

Chapter 04 Assignment: Responding to the Ethical and Social Environment Businesses and government influence each other in areas of interest to social responsibility. Use t business or by government. he table to indicate whether the tool is used by Business Government Which entity relies upon lobbying as a tool of influence? Which entity relies upon environmental protection legislation as a tool of influence? Choose the best answer to complete the sentences. Businesses rely upon to solicit and distribute money to the campaigns of the political candidates who are most likely to work in the firm's best interests The source of the government's influence on Monsanto's business is based on Grade It Now Save & Continuo Continue without saving O Type here to search TOSHIBA

Explanation / Answer

Which entity rely on lobbying as a tool of influence- Government. Because lobbying is done by associations, private sector, people and organized groups to change or modify state regulations. Which entity relies upon environmental protection legislation as a tool of influence- Business. Changes in environmental protection legislation by government can influence businesses. Example: every automobile OEM must modify their vehicles whenever new emission control norms are dictated. Businesses rely upon Political Action Committees to solicit………. best interests. Political Action Committees (PACs) can legally donate $5000 money to the candidates on behalf of cooperation or individuals. But some PACs are called super PACs which donate unlimited amount to an election party. Compliance is important for…………….doing business in heavily regulated industries simply because there are more regulations to follow.. in heavily regulated industries such as automobiles OEM and mining businesses face many challenges before and during manufacturing products.

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