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
Businesses need to actively participate in the political process to protect their vested interests. In this lesson, we will cover the pros, cons and tactics of companies partaking in political participation.
2. Public Affairs Departments in Businesses: Role & Functions
Corporations need to be able to monitor legislation, participate in regulatory discourse and support their stakeholders. In this lesson, you will learn how public affairs departments in businesses are able to accomplish these tasks and more.
3. Businesses' Strategies: Information, Societal, Political & Legal
Businesses have to influence their stakeholders to support organization objectives. They can accomplish this by utilizing informative, societal, political and legal strategies through various tactics. Learn about these strategies and more in this lesson.
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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
