BA 107 Political and Social Environment of Business

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BA 107Political and Social Environment of
Business

• Week 3 The Rise of Big Business and Big
  Government

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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 Is
• Integrated Strategy
• Framework for analyzing strategy
• Today The rise of big business and big
  government

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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

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Week 3 Discussion Questions

• What are the conditions that enabled big business
  to grow in the US?

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Week 3 Discussion Questions

• What are the conditions that enabled big
  government to grow in the US?

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Week 3 Discussion Questions

• How has American ideology changed in the century
  since the passage of the Interstate Commerce and
  Sherman Antitrust Acts?

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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?

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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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