Ch 3: The Relationship Between Business, Government & Society

About This Chapter

Watch video lessons on the relationship between business, government and society and learn about capitalism, interest groups, government agencies, stakeholders and more.

The Relationship Between Business, Government and Society - Chapter Summary and Learning Objectives

Examine the interactions between business, government and society in this chapter and discover how they influence each other. Lessons explore the impact of interest groups on the government, government agencies designed to protect the public and different strategies employed by market and non-market business environments. Once you've watched the video lessons in this chapter, you'll know about:

  • Influences of government and society on business
  • Types of interest groups
  • Interest group strategies
  • Government protections
  • Market and non-market stakeholders

Video Objectives
Business, Government & Society: Interactions and Influences Define each of these concepts and learn how they interact with each other. Discuss the connection that businesses have with society and government.
Capitalism, Pluralism & Democracy: Definitions & Differences Compare and contrast these three concepts.
What Are Interest Groups in the United States? - History & Types Outline the development of interest groups in the U.S. and identify some characteristics of these groups. Identify the different varieties of interest groups.
Development & Maintenance of Interest Groups Discern the reasons for joining interest groups and how these groups are maintained. Assess the free-rider problem and how interest groups work to overcome this issue.
Strategies & Influence of Interest Groups on American Politics Explore the different strategies that interest groups use to influence the government. Discuss their influence on public policy and learn how these groups are regulated.
Pluralist View of Interest Groups on American Politics Assess the role of interest groups in politics from a Pluralist viewpoint.
Government Agencies that Protect the Public From Illegal Business Practices Identify the government agencies that work to keep the public safe from illegal business practices.
Government Protections Against Stock Market Abuses Explore the different ways the government protects against such abuses as insider trading and fraudulent accounting.
Strategies of Market & Non-Market Business Environments Compare market and non-market business environments and their individual strategies. Examine macro environments, such as social, economic and political environments.
Stakeholders of a Corporation's Market and Non-Market Environments Identify corporate stakeholders in both market and non-market environments.

8 Lessons in Chapter 3: The Relationship Between Business, Government & Society
Test your knowledge with a 30-question chapter practice test
Business, Government & Society: Interactions and Influences

1. Business, Government & Society: Interactions and Influences

Business, government, and society interact and influence each others' specific objectives and goals. In this lesson, you will learn the three different models that can impact how they influence each other.

Capitalism, Pluralism & Democracy: Definitions & Differences

2. Capitalism, Pluralism & Democracy: Definitions & Differences

Businesses live in a multi-framework environment consisting of capitalism, pluralism and democracy. In this lesson, you will learn about each framework and how their differences present a unique challenge for a company's survival.

What Are Interest Groups in the United States? - History & Types

3. What Are Interest Groups in the United States? - History & Types

The following lesson will discuss the history and types of interest groups that exist in the American political system. A short quiz will follow the lesson to check for your understanding.

Strategies & Influence of Interest Groups on American Politics

4. Strategies & Influence of Interest Groups on American Politics

The following lesson will describe the strategies used by interest groups to influence American politics. A short quiz will follow the lesson to check for your understanding.

Government Agencies that Protect the Public From Illegal Business Practices

5. Government Agencies that Protect the Public From Illegal Business Practices

The public has to be protected from illegal business practices. In this lesson, you'll learn about the four government agencies that monitor, protect, and prevent corporate America from taking advantage of consumers.

Government Protections Against Stock Market Abuses

6. Government Protections Against Stock Market Abuses

Companies are monitored and policed by the Security and Exchange Commission in order to protect stockholders against market abuses. In this lesson, you will learn how the SEC prevents insider trading and fraudulent accounting.

Strategies of Market & Non-Market Business Environments

7. Strategies of Market & Non-Market Business Environments

Companies must employ market and non-market business strategies in order to satisfy stakeholders and be profitable in the workplace environment. In this lesson, you will learn the specific strategies that lead to profits and stakeholders' support.

Stakeholders of a Corporation's Market and Non-Market Environments

8. Stakeholders of a Corporation's Market and Non-Market Environments

Corporations depend upon the support of their stakeholders for success in the marketplace. In this lesson, you will learn about both the market and non-market environment of stakeholder groups.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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