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BA 107 Political and Social Environment of Business

BA 107 Political and Social Environment of Business. Week 3: The Rise of Big Business and Big Government. Section Outline. Review Week 1: Core Concepts Nonmarket Environment, Market Failures, Legitimacy, Stakeholders Week 2: Analysis, Strategy in the Nonmarket Environment

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BA 107 Political and Social Environment of Business

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  1. BA 107Political and Social Environment of Business Week 3: The Rise of Big Business and Big Government

  2. Section Outline • Review • Week 1: Core Concepts • Nonmarket Environment, Market Failures, Legitimacy, Stakeholders • Week 2: Analysis, Strategy in the Nonmarket Environment • Analyzing Non-Market Issues • The Four I’s • Integrated Strategy • Framework for analyzing strategy • Today: The rise of big business and big government

  3. Week 3 • Historical Development • Importance of History • Big business and big government • Timeline: • 1800 – Agrarian society • Mid-1800 – Rise of railway • Late 1800 – Consolidation: Rail, Oil, Steel, Financial Markets

  4. Week 3 Discussion Questions • What are the conditions that enabled big business to grow in the US?

  5. Week 3 Discussion Questions • What are the conditions that enabled big government to grow in the US?

  6. Week 3 Discussion Questions • How has American ideology changed in the century since the passage of the Interstate Commerce and Sherman Antitrust Acts?

  7. Week 3 Discussion Questions • How do trends in business organization today compare to those of a century ago? What is similar and what is different?

  8. Week 3 Discussion Questions • Are there "robber barons" today in the sense of a few business leaders who enjoy immense economic power?

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