1. Bus & Gov Intro1 BUSINESS AND GOVERNMENT

2. Bus & Gov Intro2 Four Objectives of this class Define the three main terms of business, government, & society (BGS) Be aware of the importance of the Social Contract Describe the four main models (ideologies) of BGS Describe the relationship between historical forces, current trends, and the modern corporation

3. Bus & Gov Intro3 Ch 1 Framework and Introduction to the field Ch. 1, Steiner & Steiner

4. Bus & Gov Intro4 Exxon Corp. Business, Government, & Society Cost to clean-up $2.5 billion Paid to State of Alaska $1 billion Fined $5.2 billion 50,000 credit cards torn up 5 th most admired to 110 th SeaRiver Mediterranean barred from Alaska

5. Bus & Gov Intro5 How do we define BGS? Business Government Society –Ideas –Institutions –Material things

6. Bus & Gov Intro6 Choose one of the following as the most accurate statement of the proper goals of a company 1.The only real goal of a company is to make a profit. 2.A company, besides making a profit, has a goal of attaining the well-being of various stakeholders, such as employees, customers, etc.

7. Bus & Gov Intro7 Four Models Market capitalization Dominance Dynamic forces Stakeholder model

8. Bus & Gov Intro8 Four Issues Per Model Basic belief or perspective vs. fact Assumptions/requirements Strengths/Weaknesses What countries and when do/did these models exist?

9. Bus & Gov Intro9 Review for Chapter 1 Define the three main terms of business, government, & society (BGS) Be aware of the importance of the Social Contract Describe the four main models (ideologies) of BGS

10. Bus & Gov Intro10 Ch. 2 Framework for The Business Environment Ch. 2, Steiner & Steiner

11. Bus & Gov Intro11 Enron, Bechtel, & Dabhol Power Plant

12. Bus & Gov Intro12 Major Outline of the Chapter Volatiliy Historical Forces Six Key Environments

13. Bus & Gov Intro13 Volatility Which industries do you see that must be seen and mastered –Eye industry -- glasses, lasik, and inserts

14. Bus & Gov Intro14 Historical forces Industrial revolution Dominant ideologies Inequality of human circumstances Science and technology Nation states Great leadership Population-- Russia, Europe, Africa, Americas, & Asians? Chance

15. Bus & Gov Intro15 Six Key Environments of business Economic Technological Governmental Cultural -- Proper goals of a company -- Abbott Labs Natural Internal Business's impact on Its Environment

16. Bus & Gov Intro16 Interaction of Historical Forces, Environment, & the Corporation Historical --  Trends --  Corporation ___^_______^_______|

17. Bus & Gov Intro17 Objectives of this class Define the three main terms of business, government, & society (BGS) Be aware of the importance of the Social Contract Describe the four main models (ideologies) of BGS Describe the relationship between historical forces, current trends, and the modern corporation

18. Bus & Gov Intro18 Four Objectives of this class Define the three main terms of business, government, & society (BGS) Be aware of the importance of the Social Contract Describe the four main models (ideologies) of BGS Describe the relationship between historical forces, current trends, and the modern corporation