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Adelphi University/Devry
Apr-2000 - Mar-2005
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Adelphi University
Sep-2007 - Apr-2017
BUS 475 Week 4 Quiz
Question 1
Which of the following represents a structural remedy for an antitrust violation?
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Paying a large fine. |
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Breaking up a monopoly. |
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Disclosure of company information to rivals. |
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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?
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Promotion of telemedicine in rural areas. |
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Coordination of hazards warning with other nations. |
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Removal of redundant reporting requirements. |
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All of the above. |
Question 3
Public policy tools involve a combination of:
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Incentives and political favors. |
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Penalties and prison terms. |
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Incentives and penalties. |
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Political favors and prison terms. |
Question 4
Antitrust laws protect consumers from:
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Anticompetitive practices by business. |
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Selling products above cost to drive away rivals. |
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Conspiring with business partners to increase competition. |
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Firms using market dominance to expand commerce. |
Question 5
Reregulation is:
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The adoption of regulation in another country to promote trade. |
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Necessary since all regulation has a time limit. |
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The increase or expansion of government regulation. |
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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?
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Information strategy. |
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Constituency-building strategy. |
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Financial-incentive strategy. |
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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:
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Lobbying. |
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Bundling. |
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Collating. |
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Constituency building. |
Question 8
Since 2011, the total amount spent on lobbying activity has:
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Remained exactly the same. |
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Doubled. |
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Decreased slightly. |
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Increased slightly. |
Question 9
A corporate political strategy does not:
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Hinder a competitor's ability to compete economically. |
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Seek to continue the firm's economic survival or growth. |
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Determine the legal limits allowed for campaign financing. |
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Exercise a firm's right to a voice in government affairs. |
Question 10
To help control political favoritism, there have been global efforts to:
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Promote fairness in the electoral process. |
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Control the rapid decrease in campaign costs. |
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Diminish the role of political parties. |
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Discourage grassroots participation. |
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