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1. When providing loan guarantees for business, the government actually transfer

ID: 376704 • Letter: 1

Question

1. When providing loan guarantees for business, the government actually transfers the mo the business. a. True b. False Government is generally thought to follow the ethic of a. Deontology b. Collectivism c. Individualism d. Socialism A strong industrial policy a. ney to 2. 3. Is present in most developing countries b. Isa term heard continuously c. Is government intervention d. Helps firms compete in a fast-moving global economy 4. Recent Supreme Court decisions have restricted the activity of PAC's a. True b. False The central product of the new breed of lobbyist is a. Influencé b. Access 5. C. Advice d. Information l instrument through which business uses its financial resources to influence government are a. Umbrella organizations b. Political action committees c. Trade associations d. Lobbyists ustomer relationship management (CRM) is the ability of an organization to retain profitable customers. a. True b. False 7. C 8. Keeping people informed is an important social goal of government a. True b. False Because of the difficulty in coordinating the effort, grassroots lobbying is no longer used extensively a. True b. False 9.

Explanation / Answer

1. Answer- b. False. The Government transfers the money to the person on whom the loan is granted and not the business.

2. Answer- b. collectivism. Collectivism refers to taking ownership of resources and the means of the production as a political principle or system.

3. Answer- d. helps firms compete in a fast-moving global economy. Industrial policy is a powerful nonregulating approach by government to influence business.

4. Answer- b. False. There is no decision as such taken by the Supreme Court to restrict the activities of PAC's.