Business, Government, and Society: A Managerial Perspective: Text and Cases / Edition 8

Business, Government, and Society: A Managerial Perspective: Text and Cases / Edition 8

by George Albert Steiner, John F. Steiner, John F. Steiner
     
 

ISBN-10: 0070614865

ISBN-13: 9780070614864

Pub. Date: 08/28/1996

Publisher: McGraw-Hill Companies, The

The revision of this highly regarded,authoritative text continues to build upon the strengths of past editions,including thorough,in-depth coverage and strong,comprehensive cases. Both authors are respected scholars; the senior author is considered one of the pioneers in the field of business,government,and society,and how these changes affect the

Overview

The revision of this highly regarded,authoritative text continues to build upon the strengths of past editions,including thorough,in-depth coverage and strong,comprehensive cases. Both authors are respected scholars; the senior author is considered one of the pioneers in the field of business,government,and society,and how these changes affect the attitudes,duties,and decisions of managers,particularly those in larger corporations. In the eighth edition three new shorter chapter-opening cases have been added and six of the 22 chapter-ending cases are new. Case studies retained from the previous edition are updated to reflect the most current information available. All chapters are brought up to date and several are substantially restructured. International dimensions of the subject matter have been given much greater prominence.

Product Details

ISBN-13:
9780070614864
Publisher:
McGraw-Hill Companies, The
Publication date:
08/28/1996
Series:
Series in Management
Edition description:
Older Edition
Pages:
656

Table of Contents

Preface xv
PART 1 A FRAMEWORK FOR STUDYING BUSINESS, GOVERNMENT, AND SOCIETY 1(102)
Introduction to the Field
2(17)
Exxon
2(17)
What Is the Business-Government-Society (BGS) Field?
3(1)
Why Is the BGS Field Important to Managers?
4(2)
Basic Conceptual Models of the BGS Relationship
6(9)
The Meaning of the Four Models
15(1)
The BGS Relationship in Other Highly Industrialized Nations
15(1)
What Are the Main Characteristics of the Analysis of This Book?
16(3)
The Business Environment
19(27)
Enron Corp.
19(15)
The Volatility of the Business Environment
20(1)
Underlying Historical Forces Changing the Business Environment
21(3)
Six Key Environments of Business
24(7)
Business's Impact on Its Environment
31(1)
Concluding Observation
32(2)
Case Study: The American Fur Company
34(12)
Business Power
46(23)
The American Tobacco Company
46(19)
The Nature of Business Power
48(1)
What Is Power?
48(2)
Levels and Spheres of Corporate Power
50(3)
Two Perspectives on Business Power
53(1)
The Dominance Theory
54(6)
Pluralist Theory
60(4)
Conclusion
64(1)
Case Study: Construction of the Central Pacific
65(4)
Critics of Business
69(34)
Sisters of Loretto
69(22)
Historical Attitudes toward Business
71(7)
Factors Underlying Negative Attitudes toward Business
78(6)
Current Criticism of American Business
84(5)
Conclusion: What Should We Think of Critics?
89(2)
Case Study; Time Warner and Rap Critics
91(12)
PART 2 THE NATURE AND MANAGEMENT OF SOCIAL RESPONSIBILITY 103(74)
Corporate Social Responsibility
104(40)
Merck
104(26)
The Evolving Idea of Social Responsibility
106(4)
The Contemporary View of Corporate Social Responsibility
110(1)
The Expansive Concept of Corporate Social Responsibility
110(2)
Evolution of Areas of Social Responsibility
112(2)
The Dominant Stakeholders
114(2)
Debate about the Extent and Meaning of Corporate Social Responsibility
116(4)
Are Social Responsibility and Financial Performance Related?
120(1)
Corporate Social Responsibility in Other Nations
121(4)
Criteria for Determining the Social Responsibilities of Business
125(1)
Emerging Views of Corporate Social Responsibility
126(4)
Case Study: Union Carbide Corporation and Bhopal
130(14)
Managing Social Issues
144(33)
Hewlett-Packard
144(20)
What Is Social Issues Management?
145(1)
Why Is Issues Management Important?
146(2)
Conceptual View of the Entire Issues Management Process
148(1)
Life Cycle of an Issue
149(3)
Steps in Implementing the Issues Management Process
152(1)
Institutionalizing Social Policies
153(2)
Environmental Assessments of Social Issues
155(2)
Crisis Management
157(2)
The Management of Corporate Philanthropy
159(2)
Business in Education
161(2)
Concluding Comment
163(1)
Case Study: LEVI Strauss & Co. In China
164(13)
PART 3 BUSINESS ETHICS 177(80)
Ethics in the Business System
178(42)
Correct Craft
178(29)
What Are Business Ethics?
180(2)
Two Theories of Business Ethics
182(2)
Major Sources of Ethical Values in Business
184(8)
Ethical Climates in Other Countries
192(4)
Ethical Practice in American Business
196(5)
Managing Ethics at the Corporate Level
201(5)
Conclusion
206(1)
Case Study: Dow Corning and Breast Implants
207(13)
Making Ethical Decisions in Business
220(37)
J. C. Penney
220(21)
Principles of Ethical Conduct
222(10)
Reflections on the Uses and Limits of Principles
232(3)
Practical Suggestions for Making Ethical Decisions
235(3)
Why Ethical Decisions Are Difficult
238(2)
Concluding Comment
240(1)
Case Studies: An Application of Ethical Principles
241(16)
John D. Rockefeller and the Standard Oil Trust
246(11)
PART 4 BUSINESS AND GOVERNMENT 257(100)
The Government-Business Relationship: An Overview
258(36)
The Lockheed Aircraft Corporation's "Skunk Works"
258(24)
Legal Basis of Government Regulation of Business
260(1)
Supreme Court Interpretations of Constitutional Powers
260(4)
Underlying Reasons for Government Regulation of the Private Sector
264(2)
Historical Patterns of Federal Regulations of Business
266(3)
The Second Managerial Revolution
269(2)
How Are Government Regulations Made?
271(3)
The Scope of Government Relations with Business
274(1)
Attempts to Stem the Tide
275(3)
Costs and Benefits of Complying with Federal Regulations
278(2)
Growing Demands for New Regulations
280(1)
The Mixed Economy
280(1)
A Note on Regulation in Other Countries
281(1)
Concluding Observations
281(1)
Case Study: The Savings and Loan Debacle
282(12)
Reforming the Regulatory System
294(31)
Advanced Genetic Sciences
294(20)
Stress the Comparative Advantages of Government and Business
297(1)
Rely More on the Free Market
298(3)
Improve Administration of the Regulatory Process
301(6)
Patterns of Change in the Antitrust Laws
307(6)
Concluding Observations: Outlook for Regulatory Growth and Reform
313(1)
Case Study: Microsoft Corporation and Antitrust
314(11)
Business in the Political Process
325(32)
Archer-Daniels-Midland Co.
325(27)
How the Structure of American Government Affects Business
327(1)
A History of Political Dominance by Business
328(6)
The Rise of Antagonistic Groups
334(1)
Diffusion of Power in Government
335(2)
The Universe of Organized Business Interests
337(2)
The Government Relations Process
339(3)
The Corporate Role in Elections
342(7)
The Influence Process
349(2)
Conclusion
351(1)
Case Study: Pacific National Oil Company and the Senate Candidate
352(5)
PART 5 GLOBAL MANAGEMENT ISSUES 357(66)
Multinational Corporations and Government Relationships
358(33)
H. J. Heinz
358(22)
The MNC Defined
360(2)
Objectives of MNCs and Host Governments
362(1)
The Power of MNCs: An Overview
362(1)
Inducements versus Complaints of Host Countries
363(2)
Variations in Host-Country Complaints
365(1)
Response of the MNCs
366(1)
Codes of Conduct
366(2)
Ethical and Social Responsibilities of MNCs
368(1)
MNC-Government Relations in the United States: An Overview
369(1)
MNC-Government Relations in Other Countries: An Overview
370(1)
Free Trade versus Protectionism
371(4)
Trade Disputes with Japan
375(1)
Classical Free Trade Theory versus Reality
376(1)
Foreign Payoffs
377(2)
Concluding Comment
379(1)
Case Study: North American Free Trade Agreement (NAFTA)
380(11)
Global Competitiveness
391(32)
Nestle
391(21)
Rise of the Global Marketplace and Worldwide Competition
393(1)
The Global Competitive Position of the United States: An Overview
394(2)
Strengths and Weaknesses in Our Global competitive Position
396(6)
Strategies for Penetrating and Expanding Foreign Operations
402(4)
Competitive Strength of Foreign Companies in the Global Market
406(1)
Global Trading Blocks
406(3)
What Should Be Done to Meet the Global Competitive Challenges?
409(2)
Concluding Comment
411(1)
Case Study: Caterpillar Inc
412(11)
PART 6 POLLUTION AND ENVIRONMENT 423(72)
Industrial Pollution and Environmental Policy
424(36)
Indian Health Service
424(24)
Sources of Pollution
426(1)
Industrial Growth and Environmental Pollution
427(3)
Ideas Shape Attitudes toward the Environment
430(3)
Environmental Laws and Regulations
433(6)
Principal Areas of Environmental Policy
439(8)
Other Regulatory Programs
447(1)
Concluding Comment
447(1)
Case Study: Owls, Loggers, and Old-Growth Forests
448(12)
Assessing and Managing Pollution Risks
460(35)
Asarco
460(22)
How Environmental Risk is regulated
461(7)
Cost-Benefit Analysis
468(3)
Options for Managing Pollution Risks
471(6)
Managing Environmental Quality
477(2)
Asessing Corporate Environmental Management Efforts
479(2)
Conclusion
481(1)
Case Study: Asbestos Litigation "Bankrupts" Manville Corporation
482(13)
PART 7 BUSINESS AND THE CONSUMER 495(38)
Consumerism
496(37)
Wal-Mart
496(22)
The consumer Movement
498(1)
Momentum of the Consumer Movement
499(1)
Consumer Advocates
500(1)
The Consumer's Protective Shield
501(1)
Consumer Product Issues and Decision Making
502(1)
Federal Consumer Protections of Three Agencies
502(3)
Risk and Product Safety
505(1)
Food Safety
506(2)
How Safe Is Safe?
508(2)
Products Liability Law
510(3)
False and Deceptive Advertising
513(3)
Ethical Standards for Advertisers
516(1)
Food Labeling
516(1)
Concluding Comment
517(1)
Case Study: Advertising Alcohol and Tobacco
518(15)
PART 8 HUMAN RESOURCES 533(88)
The Changing Face of Organizational Life
534(35)
Ford
534(25)
The Nature and Meaning of Work
536(2)
External Forces Changing the Workplace
538(15)
The Turbulent Workplace of the 1990s
553(5)
Conclusion
558(1)
Case Study: Drug Testing in the Workplace: Employers' Rights Versus Employees' rights
559(10)
Civil Rights at Work
569(52)
Johnson Controls
569(31)
A Short History of Workplace Civil Rights
570(7)
The Civil Rights Act of 1964
577(3)
Affirmative Action
580(7)
The Affirmative Action Debate
587(2)
Women in the Workplace
589(2)
Gender Attitudes at Work
591(1)
The Persistence of Traditional Stereotypes
592(1)
The Organizational Double Standard
593(2)
Sexual Harassment
595(2)
Corporate Efforts to Promote Diversity
597(2)
Conclusion
599(1)
Case Studies: A New Plant Manager
600(21)
Adarand v. Pena
603(13)
Contion Springfield
616(5)
PART 9 CORPORATE GOVERNANCE 621(36)
Reforming Corporate Governance
622(35)
General Motors
622(21)
Corporate Governance Defined
624(1)
The Corporate Charter
624(1)
The Structure of Boards of Directors
625(1)
The Duties of Directors
626(1)
Core Criticisms of Corporate Governance
627(1)
Proposals for Reforming Corporate /Boards of Directors
628(1)
Separate the Board Chairperson and the CEO
629(6)
Employee Governance Activities
635(2)
Corporate Executive Compensation
637(3)
To Whom Are Directors Accountable?
640(1)
Comparative Survey of Boards of Directors
641(1)
Concluding Observation
641(2)
Case Study: U.S. v. Michael R. Milken
643(14)
Index 657

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