Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Which of the following actors form a key part of a collective action strategy? Select one alternative: A. The company's board of directors B.

1) Which of the following actors form a key part of a collective action strategy?

Select one alternative:

A. The company's board of directors

B. Unions

C. Federations, groupings and associations related to the organization.

D. Workers

E. All of the above

2) A natural gas distribution industry is made up of 8 companies, all with similar prices and costs. The 3 largest have a similar market share, totaling 54% of the market. Three others have a 14%, 12% and 10% share, while the other two share the rest of the market equally. The government is considering introducing a regulatory change that will reduce industry profits by $180 million. The industry, however, can prevent the changes by investing $140 million in lobbying. However, the 3 largest companies argue that they will only contribute if they all do so equally. Will the industry do the lobbying action?

Select one alternative:

A. Yes, it will

B. No, it will not

C. The information is not sufficient to anticipate the decision.

3)The most important institutions for collective action include:

Select one alternative:

A) Informal constraints (sanctions, taboos, customs, traditions, codes of conduct).

B) All alternatives are correct

C) Formal rules (constitutions, laws)

D) Rules, norms used in repeated interactions.

E) Strategies used in repeated interactions.

4) The objective of a corporate political strategy seeks to:

Select one alternative:

A. Use government relations as a competitive tool to creat a favorable environment for its business transactions.

B. Not to relate the organization to the government in order to separate scenarios

C. Alternatives A and B are correct

D. None of the above

5) Which of the following alternatives correspond to factors that enable the incorporation of a corporate political strategy?

Select one alternative:

A. Industry concentration

B. The size of the company

C. The organization's past performance in political strategies

D. All of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Economics

Authors: Thomas Pugel

16th Edition

0078021774, 9780078021770

More Books

Students also viewed these Economics questions