Which of the following represents a structural remedy for an antitrust violation?

BUS 475 Week 4 Quiz

Question 1

Which of the following represents a structural remedy for an antitrust violation?

Paying a large fine.

Breaking up a monopoly.

Disclosure of company information to rivals.

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?

Promotion of telemedicine in rural areas.

Coordination of hazards warning with other nations.

Removal of redundant reporting requirements.

All of the above.

Question 3

Public policy tools involve a combination of:

Incentives and political favors.

Penalties and prison terms.

Incentives and penalties.

Political favors and prison terms.

Question 4

Antitrust laws protect consumers from:

Anticompetitive practices by business.

Selling products above cost to drive away rivals.

Conspiring with business partners to increase competition.

Firms using market dominance to expand commerce.

Question 5

Reregulation is:

The adoption of regulation in another country to promote trade.

Necessary since all regulation has a time limit.

The increase or expansion of government regulation.

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?

Information strategy.

Constituency-building strategy.

Financial-incentive strategy.

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:

Lobbying.

Bundling.

Collating.

Constituency building.

Question 8

Since 2011, the total amount spent on lobbying activity has:

Remained exactly the same.

Doubled.

Decreased slightly.

Increased slightly.

Question 9

A corporate political strategy does not:

Hinder a competitor's ability to compete economically.

Seek to continue the firm's economic survival or growth.

Determine the legal limits allowed for campaign financing.

Exercise a firm's right to a voice in government affairs.

Question 10

To help control political favoritism, there have been global efforts to:

Promote fairness in the electoral process.

Control the rapid decrease in campaign costs.

Diminish the role of political parties.

Discourage grassroots participation.