Bus 475 week 4 quiz

  

BUS 475 Week 4 Quiz

Question 1

Which of the following represents a structural remedy for an antitrust violation?

  

Paying   a large fine.

 

Breaking   up a monopoly.

 

Disclosure   of company information to rivals.

 

Agreeing   to change a firm’s conduct.

Question 2

Which of these cost-savings measures saved U.S. regulatory agencies nearly $2 billion since 2011?

  

Promotion   of telemedicine in rural areas.

 

Coordination   of hazards warning with other nations.

 

Removal   of redundant reporting requirements.

 

All   of the above.

Question 3

Public policy tools involve a combination of:

  

Incentives   and political favors.

 

Penalties   and prison terms.

 

Incentives   and penalties.

 

Political   favors and prison terms.

Question 4

Antitrust laws protect consumers from:

  

Anticompetitive   practices by business.

 

Selling   products above cost to drive away rivals.

 

Conspiring   with business partners to increase competition.

 

Firms   using market dominance to expand commerce.

Question 5

Reregulation is:

  

The   adoption of regulation in another country to promote trade.

 

Necessary   since all regulation has a time limit.

 

The   increase or expansion of government regulation.

 

The   shifting of regulation to the state level from the national level.

Question 6

Which political action strategy seeks to gain support from other affected organizations to better influence policymakers?

  

Information   strategy.

 

Constituency-building   strategy.

 

Financial-incentive   strategy.

 

Lobbying   strategy.

Question 7

When a firm solicits its stockholders for political contributions for a particular candidate by letter and then sends those contributions to the candidate on behalf of its stockholders, it is called:

  

Lobbying.

 

Bundling.

 

Collating.

 

Constituency   building.

Question 8

Since 2011, the total amount spent on lobbying activity has:

  

Remained   exactly the same.

 

Doubled.

 

Decreased   slightly.

 

Increased   slightly.

Question 9

A corporate political strategy does not:

  

Hinder   a competitor’s ability to compete economically.

 

Seek   to continue the firm’s economic survival or growth.

 

Determine   the legal limits allowed for campaign financing.

 

Exercise   a firm’s right to a voice in government affairs.

Question 10

To help control political favoritism, there have been global efforts to:

  

Promote   fairness in the electoral process.

 

Control   the rapid decrease in campaign costs.

 

Diminish   the role of political parties.

 

Discourage   grassroots participation.

"We Offer Paper Writing Services on all Disciplines, Make an Order Now and we will be Glad to Help"