Ch 7: Business' Influence on the Political Environment
About This Chapter
Business' Influence on the Political Environment - Chapter Summary and Learning Objectives
We all know that politics can affect businesses, but what about the reverse? Businesses wield many powers, including those concerning the political environment. In this chapter, find out how businesses participate in politics and about the roles of their public affairs departments. You can also explore the various types of strategies that businesses use to reach their goals. By the time you reach the end of these lessons, you can better understand the following topics:
- Positives and negatives for business participation in politics
- How businesses become involved in politics
- Strategy types used by businesses to achieve their goals
| Video | Objectives |
|---|---|
| Businesses' Political Participation: Pros, Cons and Tactics | Explain why it may or may not be a good idea for businesses to get involved in politics. Discuss the ways in which businesses insinuate themselves into the political process. |
| Public Affairs Departments in Businesses: Role and Functions | Explore what the expectations are for a public affairs department and the types of things for which the staff would be responsible. |
| Businesses' Strategies: Information, Societal, Political and Legal | Explain how informational, political, societal and judicial strategies are used by businesses to accomplish set goals. |
1. Businesses' Political Participation: Pros, Cons & Tactics
Considering their chief interest in profit and sales, businesses inevitably get involved in politics to some degree. Explore business participation in politics, including pros for participation, cons against participation, and major tactics used by participating businesses.
2. Public Affairs Departments in Businesses: Role & Functions
The role and functions of public affairs departments in businesses allow for efficient functioning in an organization during policy changes. Understand the importance of the public affairs department, how it differs from public relations, and recognize a public affairs department's three principal roles.
3. Businesses' Strategies: Information, Societal, Political & Legal
Businesses make use of various strategies to achieve their goals. Learn more about these by looking into the purpose and characteristics of types of business strategies: information, societal, political, and legal.
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Other Chapters
Other chapters within the Business 108: Business Ethics course
- Introduction to Business Ethics
- Employees, Stockholders, & Corporate Governance
- The Relationship Between Business, Government & Society
- Public Relations for Business
- Diversity in the Workforce
- Business-Government Relations
- Corporate Social Responsibility & Citizenship
- Business & the Community
- The Media's Impact on Business
- Consumer Rights & Regulations
- Ethics in Advertising
- Strategies of Special Interest Groups
- Technology, Business, & Society
- Environmental Issues in Business
- The Global Business Environment
- Individual Integrity & Ethics
- Studying for Business 108