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MGT 303 Final - 18
Final exam study cards
43
Management
Undergraduate 3
04/16/2011

Additional Management Flashcards

 


 

Cards

Term
lobbying
Definition
the process of influencing public officials to support or oppose legislation, or the public to support or oppose legislation or political candidates
Term
how much money is spent on lobbying each year?
Definition
> $billion
Term
who are some active lobbyists?
Definition
businesses and their associations; labor unions; non-business professionals; special interest groups
Term
who are among those who spend heavily on lobbying?
Definition
pharmaceutical, oil and financial industries
Term
at what level of govenment does lobbying occur?
Definition
@ ALL levels (local, state and national)
Term
where lobbying is directed depends on:
Definition
issues of importance and the extent of lobbying resources available
Term
What is a PAC?
Definition
political action committee
Term
definition of a PAC
Definition
instruments through which business and other groups of like-minded people raise money to donate to political candidates in order to influence political outcomes and decisions
Term

T or F:

 

PAC donations are a form of lobbying

Definition
T
Term

T or F:

 

Corporate-affiliated PAC's may only solicit contributions from executives, shareholders, and their famlies; while union-affilited PAC's may only solicit contributions from members

Definition
T
Term
coalition building refers to:
Definition
groups joining forces to achieve common goals
Term

 

T or F:

 

Coalition building is less important when power is dispersed among many interest groups, as it is today

 

Definition

F

 

*more important

Term
lobbyists are increasingly forming coalitions with other to coordinate their lobbying on ________ __________.
Definition
common interests
Term

T or F:

 

lobbyists do not gain access to key legislators and communicate sentiments on client issues

Definition

F

 

*they DO gain access

Term
lobbyists __________ legislation and protect firms against surprises
Definition
monitor
Term
lobbyists establish communications channels with __________ bodies (administrative agencies)
Definition
regulatory
Term
lobbyists provide ________ _________ on anticipated effects of legislative activity and influence legislation with: (3 things)
Definition

issue papers

 

draft legislation, ad campaigns and direct-mail campaigns

Term
lobbyists __________ companies in coalition building around issues
Definition
assist
Term
lobbyists help members of congress get ___________
Definition
re-elected
Term
1st organizational level of lobbying
Definition
umbrella organizations with broad representation
Term
broad representation
Definition

represent multiple industries, "business interests" in general

 

ex: chamber of commerce

Term
2nd organizational level of lobbying
Definition
trade associations
Term
trade associations:
Definition

midrange representation - represent firms in an industry who pay membership dues

 

ex: national automobile dealers association

Term
3rd organizational level of lobbying:
Definition
company-level lobbying
Term
company-level lobbying
Definition

narrow/specific representation of one company (ex: walmart, microsoft or delta)

 

use informal executive lobbying as well as professional lobbyists - many businesses located in Washington - 3rd largest high-tech hub

Term
benefits of company level lobbying
Definition
use of this type of lobbying offers the firm more control of content, but is more expensive than participation in lobbying through trade or umbrella organizations
Term

T or F:

 

Typically the higher the organizational level of lobbying, the more problems in reaching consensus on priorities and even positions

Definition
T
Term
the chamber of commerce is a(n) __________ organization which has achieved 
Definition
umbrella
Term

T or F

 

Grassroots lobbying can be very effective.

Definition
T
Term
special interest groups often use __________ ________ to influence votes on candidates prior to elections
Definition
deceptive names
Term
Coalition building is important because of the ____________ of power among the many speicla interest groups that are lobbying
Definition
dispersion
Term
Coalition building is very important because of the _____________ of Congress and the resulting need to lobby more members
Definition
democratization
Term
How many PAC's are officially registered by the Federal Election Committee?
Definition
over 4000
Term
What is the largest subgroup of PAC's?
Definition
corporate PAC's
Term
Dependence on donated money has increased along with public __________ of ______
Definition
distrust of PAC's
Term
recent national survey found that more that twice as many people believe that PAC's are a __________, __ ___________ __ ____________, aspect of the political process
Definition
negative, as opposed to positive
Term
what is the golden rule of politics?
Definition
"He who has the gold, rules."
Term

T or F:

 

PACs are an exercise of free speech

Definition
T
Term
what are earmarks?
Definition
fund provided by Congress that specify a recipient of location, or are so specific that only one recipient can qualify
Term
what is hard money?
Definition
money dedicated to candidates or political parties that is regulated and limited by the Federal Election Commission
Term
what is soft money?
Definition
money donated to political parites in a way that left the contribution unregulated prior ro the Bipartisan Campaign Reform Act
Term
what is the bipartisan campaign reform act?
Definition
based on the right to free speech, banned soft money to national political parties and prevented special interest groups from airing "issue ads" within a certain period before the election
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