Question 1

________allows business to challenge a rule by claiming that the agency did not follow the APA procedures in making the rule.

Accepted Answer

A)  Legal procedure 
B)  Substantive due process 
C)  Procedural due process 
D)  Electoral process 
E)  Procedural mistake rule 
A)  Legal procedure 
B)  Substantive due process 
C)  Procedural due process 
D)  Electoral process 
E)  Procedural mistake rule C

Question 2

What are four reasons to serve on advisory panels and committees?

Accepted Answer

1. Influence and impact: Serving on advisory panels and committees allows individuals to have a direct influence on important decisions and policies that can have a significant impact on their community, organization, or industry.

2. Networking and collaboration: It provides an opportunity to connect with other professionals and experts in the field, leading to valuable networking opportunities and potential collaborations on projects or initiatives.

3. Professional development: Serving on advisory panels and committees can provide individuals with the chance to develop new skills, gain experience in leadership roles, and enhance their professional reputation and credibility.

4. Giving back and making a difference: It offers a way to give back to the community or industry by sharing expertise, knowledge, and insights to help address important issues and drive positive change. Serving on advisory panels and committees can be a fulfilling way to make a meaningful difference in the world.

Question 3

The cabinet is part of the _________ .

Accepted Answer

A)  House of Representatives 
B)  International Regulatory Office 
C)  Federal Judicial courts 
D)  Senate. 
E)  executive office of the President. 
A)  House of Representatives 
B)  International Regulatory Office 
C)  Federal Judicial courts 
D)  Senate. 
E)  executive office of the President. E

Question 4

Name some benefits and costs of regulation.

Accepted Answer

Benefits and Costs of Regulation:

Benef

Question 5

Which statements about business influencing Congress vs. regulatory agencies are not correct?

Accepted Answer

A)  Business cannot contribute during presidential election campaigns. 
B)  Business gives direct campaign contributions to members of Congress to help them get elected to support business interests. 
C)  Lobbyists cannot contact members of Congress to directly to influence legislation. 
D)  Grassroots lobbying is having stakeholders contact Congress and regulators; with regulations, businesses commonly ask stakeholders to make online comments supporting businesses' side of the specific rule. 
E)  Lobbying regulators is similar except that there are some situations in which businesses can't contact regulators outside of public meetings. 
A)  Business cannot contribute during presidential election campaigns. 
B)  Business gives direct campaign contributions to members of Congress to help them get elected to support business interests. 
C)  Lobbyists cannot contact members of Congress to directly to influence legislation. 
D)  Grassroots lobbying is having stakeholders contact Congress and regulators; with regulations, businesses commonly ask stakeholders to make online comments supporting businesses' side of the specific rule. 
E)  Lobbying regulators is similar except that there are some situations in which businesses can't contact regulators outside of public meetings.

Question 6

Businesses often work with each other to deal with issues, and peak and trade groups are coalitions of businesses with similar interests joining in collective political action.

Accepted Answer

A) True 
 B)False

Question 7

Privatization and deregulation are in essence types of ________ to increase efficiencies in government and the market environment.

Accepted Answer

A)  regulatory addenda 
B)  cultural reform 
C)  reasonable reform 
D)  regulatory reform 
E)  information strategies 
A)  regulatory addenda 
B)  cultural reform 
C)  reasonable reform 
D)  regulatory reform 
E)  information strategies

Question 8

Which of the following is not true regarding societal, political, and legal strategies?

Accepted Answer

A)  Businesses are taking a stakeholder approach to dealing with societal issues. 
B)  Business builds coalitions and works at developing good media relations in order to promote positive stories and gain public sentiment for its side of issues. 
C)  Regulators' extensive impacts on business decision making have resulted in executives spending more time developing nonmarket political strategies. 
D)  Businesses rarely take a stakeholder approach to dealing with societal issues. 
E)  Business uses legal strategies to avoid lawsuits, and business occasionally challenges rules through due process. 
A)  Businesses are taking a stakeholder approach to dealing with societal issues. 
B)  Business builds coalitions and works at developing good media relations in order to promote positive stories and gain public sentiment for its side of issues. 
C)  Regulators' extensive impacts on business decision making have resulted in executives spending more time developing nonmarket political strategies. 
D)  Businesses rarely take a stakeholder approach to dealing with societal issues. 
E)  Business uses legal strategies to avoid lawsuits, and business occasionally challenges rules through due process.

Question 9

The terms privatization and deregulation can be used interchangeably.

Accepted Answer

A) True 
 B)False

Question 10

"RIA" stands for

Accepted Answer

A)  Rural Integration Association 
B)  Regulation and Impact Advisory 
C)  Regulatory Impact Analysis 
D)  Required Immediate Action 
E)  Records and Inquiry Administration 
A)  Rural Integration Association 
B)  Regulation and Impact Advisory 
C)  Regulatory Impact Analysis 
D)  Required Immediate Action 
E)  Records and Inquiry Administration

Question 11

Congress creates regulatory agencies and writes the authorizing statutes for an agency to develop and enforce laws.

Accepted Answer

A) True 
 B)False

Question 12

What are seven ways Congress can provide oversight of regulators?

Accepted Answer

1. Holding hearings: Congress can hold h

Question 13

Which statements about the relationship among regulatory impact analysis, the Federal Register, and www.regulations.gov is true?

Accepted Answer

A)  All new regulations require a regulatory impact analysis (RI
A) , which includes a statement of the need for the proposed action, an examination of alternative approaches, and an evaluation of the benefits and costs. 
B)  The RIA ends up in the Federal Register, which is a daily journal publication of rules, proposed rules, notices, and other public regulatory information. 
C)  The Federal Register, the Regulations.gov website enables users to find, view, and comment on regulations for all federal agencies. 
D)  The Office of Information and Regulatory Affairs is a branch of the judicial branch of government. 
E)  The goal of an RIA is to ensure that the regulation is really needed. 
A)  All new regulations require a regulatory impact analysis (RI
A) , which includes a statement of the need for the proposed action, an examination of alternative approaches, and an evaluation of the benefits and costs. 
B)  The RIA ends up in the Federal Register, which is a daily journal publication of rules, proposed rules, notices, and other public regulatory information. 
C)  The Federal Register, the Regulations.gov website enables users to find, view, and comment on regulations for all federal agencies. 
D)  The Office of Information and Regulatory Affairs is a branch of the judicial branch of government. 
E)  The goal of an RIA is to ensure that the regulation is really needed.

Question 14

_______are the business rules of conduct, and the rules are developed by regulatory agencies to implement laws passed by Congress.

Accepted Answer

A)  Reservations 
B)  Regulation 
C)  Obligations 
D)  Lobbying 
E)  Privatization 
A)  Reservations 
B)  Regulation 
C)  Obligations 
D)  Lobbying 
E)  Privatization

Question 15

Business needs to anticipate changes in laws and regulations.

Accepted Answer

A) True 
 B)False

Question 16

What are four strategies a business has at its disposal for dealing with regulators?

Accepted Answer

1. Compliance: One strategy for business

Question 17

Cost-of-service regulation occurs when prices are regulated based on costs that are passed on to customers, which reduces the incentive to keep costs down.

Accepted Answer

A) True 
 B)False

Question 18

When businesses work together by providing increased pressure on government to meet their interests, giving business bargaining power, it is called ___________.

Accepted Answer

A)  coalition building 
B)  testifying 
C)  lobbying 
D)  regulating 
E)  free-riding 
A)  coalition building 
B)  testifying 
C)  lobbying 
D)  regulating 
E)  free-riding

Question 19

Define the Federal Register.

Accepted Answer

The Federal Register is an official jour

Question 20

Advisory panels and committees are overseen by ________.

Accepted Answer

A)  the General Accounting Office 
B)  the Federal Oversight Administration 
C)  various advisory panels 
D)  Political Action Administration 
E)  General Services Administration 
A)  the General Accounting Office 
B)  the Federal Oversight Administration 
C)  various advisory panels 
D)  Political Action Administration 
E)  General Services Administration

________allows business to challenge a rule by claiming that the agency did not follow the APA procedures in making the rule.

What are four reasons to serve on advisory panels and committees?

The cabinet is part of the _________ .

Name some benefits and costs of regulation.

Which statements about business influencing Congress vs. regulatory agencies are not correct?

Businesses often work with each other to deal with issues, and peak and trade groups are coalitions of businesses with similar interests joining in collective political action.

Privatization and deregulation are in essence types of ________ to increase efficiencies in government and the market environment.

Which of the following is not true regarding societal, political, and legal strategies?

The terms privatization and deregulation can be used interchangeably.

"RIA" stands for

Congress creates regulatory agencies and writes the authorizing statutes for an agency to develop and enforce laws.

What are seven ways Congress can provide oversight of regulators?

Which statements about the relationship among regulatory impact analysis, the Federal Register, and www.regulations.gov is true?

_______are the business rules of conduct, and the rules are developed by regulatory agencies to implement laws passed by Congress.

Business needs to anticipate changes in laws and regulations.

What are four strategies a business has at its disposal for dealing with regulators?

Cost-of-service regulation occurs when prices are regulated based on costs that are passed on to customers, which reduces the incentive to keep costs down.

When businesses work together by providing increased pressure on government to meet their interests, giving business bargaining power, it is called ___________.

Define the Federal Register.

Advisory panels and committees are overseen by ________.

The Business, Society and Government Ethical Interrelationship Stakeholder Environment Business

Strategic Stakeholder and Ethical Public Affairs, Issues and Crisis Management

Employees, Stockholders and Corporate Governance

Corporate Social Responsibility, Citizenship and Diversity Society

Business Ethics

Community, Consumerism, and the Media

Strategies of Societal and Business Interest Groups Government

Law Making and Political Strategies

Law Interpreting, Antitrust, and Judiciary Strategies International Business, Society and Government

Competing in the Global Environment

Global Technology, the Natural Environment and Sustainability

Exploring the Benefits and Challenges of BPM Transformation Program

Filters

Exam 9: Law Enforcing and Regulatory Strategies

________allows business to challenge a rule by claiming that the agency did not follow the APA procedures in making the rule.

What are four reasons to serve on advisory panels and committees?

The cabinet is part of the _________ .

Name some benefits and costs of regulation.

Which statements about business influencing Congress vs. regulatory agencies are not correct?

Businesses often work with each other to deal with issues, and peak and trade groups are coalitions of businesses with similar interests joining in collective political action.

Privatization and deregulation are in essence types of ________ to increase efficiencies in government and the market environment.

Which of the following is not true regarding societal, political, and legal strategies?

The terms privatization and deregulation can be used interchangeably.

"RIA" stands for

Congress creates regulatory agencies and writes the authorizing statutes for an agency to develop and enforce laws.

What are seven ways Congress can provide oversight of regulators?

Which statements about the relationship among regulatory impact analysis, the Federal Register, and www.regulations.gov is true?

_______are the business rules of conduct, and the rules are developed by regulatory agencies to implement laws passed by Congress.

Business needs to anticipate changes in laws and regulations.

What are four strategies a business has at its disposal for dealing with regulators?

Cost-of-service regulation occurs when prices are regulated based on costs that are passed on to customers, which reduces the incentive to keep costs down.

When businesses work together by providing increased pressure on government to meet their interests, giving business bargaining power, it is called ___________.

Define the Federal Register.

Advisory panels and committees are overseen by ________.

The Business, Society and Government Ethical Interrelationship Stakeholder Environment Business

Strategic Stakeholder and Ethical Public Affairs, Issues and Crisis Management

Employees, Stockholders and Corporate Governance

Corporate Social Responsibility, Citizenship and Diversity Society

Business Ethics

Community, Consumerism, and the Media

Strategies of Societal and Business Interest Groups Government

Law Making and Political Strategies

Law Interpreting, Antitrust, and Judiciary Strategies International Business, Society and Government

Competing in the Global Environment

Global Technology, the Natural Environment and Sustainability

Exploring the Benefits and Challenges of BPM Transformation Program

Filters