G202 Krefts Exam 1 COMPREHENSIVE questions
With Complete Solutions , 2025 verified graded A+ |
Latest Update |already passed!!
Course: G202 Krefts
1. What was the investor impact from Shared values approach -
ANSWER ✓ -Larger Capital Investment to cover high costs of R&D
2. What was the policy makers impact from Shared values approach -
ANSWER ✓ Led to policies that guaranteed demand for BP solar energy
3. Net cost on society caused by - ANSWER ✓ overproduction (Qf>Qe)
4. Net benefit lost by society - ANSWER ✓ underproduction(Qe>Qf)
5. For Regulation Qlow (under regulation) causes - ANSWER ✓ -Net
benefit lost (Qe>Qlow)
because the next unit of regulation has MB>MC
6. For Regulation Qhigh (over regulation) causes - ANSWER ✓ -Net
Cost (Qhigh> Qe)
because next unit of reg has MC>MB
,7. The consumers being Uniformed of Bad information causes -
ANSWER ✓ -Uniformed Consumers to pay too much
-Too many units bought
-Overproduction = Net Cost on Society
8. What Does Supply curve represent - ANSWER ✓ Cost
9. What does Demand Curve represent - ANSWER ✓ Value
10. The workers being Uniformed of Bad information causes -
ANSWER ✓ -Workers Being Under Compensated
- Too much labor Supplied
- Overproduction = Net Cost
11. The consumers being Uniformed of Good/Beneficial information
causes - ANSWER ✓ -Consumers Underpaying
-Underproduction = Net benefit Lost
12. NGO Target Characteristics - ANSWER ✓ -Well-recognizable
brand name.
-Firms that have a leadership position in the industry.
-Consumer product firms (down-stream firms).
-Firms producing products with low-switching costs.
-best offenders(likely change will occur)(little change needed)
,-Firms that have shown interest in the NGO's issue in the past.
13. What did mcdonald when greenpeace came after them - ANSWER
✓ Folded because it wasn't a very expensive change then turned the
threat into leverage against rivals
14. NGOS main sources of power - ANSWER ✓ -Consumer Boycotts
-Investor Divestment
-Employee Strikes
15. Private politics are when - ANSWER ✓ NGOs directly engage
private firms with their concerns instead of or in addition to trying to
influence normal public policy
16. Development (First) stage of Politics - ANSWER ✓ -Concern
develops from dissatisfaction of interest groups
-Initially issue lacks broad appeal or wide spread support
17. Politicization (Second) Stage of Politics - ANSWER ✓ -Issue
commends more public attention
-Politicians publicly adopt issue as a campaign platform
18. Legislative (Third) Stage of Normal Politics - ANSWER ✓ -Bill
moves through political process to become law or be reject and start
over
, -Voice of NGO is getting lost
-Majority yes needed for bill to pass
19. Implementation (final) Stage of Normal Politics - ANSWER ✓
Implementation Stage
-Regulators introduce, implement, and enforce final bill
-Rules & interpretations can be challenged in court
-NGO voice completely lost
20. In private politic which stages get changed with direct NGO
engagement with firms - ANSWER ✓ The last 2 Legislative and
Implementation
21. Legislative (third) stage of Private Politics - ANSWER ✓ -Issue
threats: boycotts, divestment, strikes
-Promise Reward: PR endorsement or funding
22. Implementation (Final) stage of Private Politics - ANSWER ✓ -
Bargaining by the two sides to come to an agreement
-May result in firm action, or may agree to disgaree
23. What is the difference between Normal and Private Politics -
ANSWER ✓ Private Politics is when NGOs directly engage private
firms instead of using politicians
With Complete Solutions , 2025 verified graded A+ |
Latest Update |already passed!!
Course: G202 Krefts
1. What was the investor impact from Shared values approach -
ANSWER ✓ -Larger Capital Investment to cover high costs of R&D
2. What was the policy makers impact from Shared values approach -
ANSWER ✓ Led to policies that guaranteed demand for BP solar energy
3. Net cost on society caused by - ANSWER ✓ overproduction (Qf>Qe)
4. Net benefit lost by society - ANSWER ✓ underproduction(Qe>Qf)
5. For Regulation Qlow (under regulation) causes - ANSWER ✓ -Net
benefit lost (Qe>Qlow)
because the next unit of regulation has MB>MC
6. For Regulation Qhigh (over regulation) causes - ANSWER ✓ -Net
Cost (Qhigh> Qe)
because next unit of reg has MC>MB
,7. The consumers being Uniformed of Bad information causes -
ANSWER ✓ -Uniformed Consumers to pay too much
-Too many units bought
-Overproduction = Net Cost on Society
8. What Does Supply curve represent - ANSWER ✓ Cost
9. What does Demand Curve represent - ANSWER ✓ Value
10. The workers being Uniformed of Bad information causes -
ANSWER ✓ -Workers Being Under Compensated
- Too much labor Supplied
- Overproduction = Net Cost
11. The consumers being Uniformed of Good/Beneficial information
causes - ANSWER ✓ -Consumers Underpaying
-Underproduction = Net benefit Lost
12. NGO Target Characteristics - ANSWER ✓ -Well-recognizable
brand name.
-Firms that have a leadership position in the industry.
-Consumer product firms (down-stream firms).
-Firms producing products with low-switching costs.
-best offenders(likely change will occur)(little change needed)
,-Firms that have shown interest in the NGO's issue in the past.
13. What did mcdonald when greenpeace came after them - ANSWER
✓ Folded because it wasn't a very expensive change then turned the
threat into leverage against rivals
14. NGOS main sources of power - ANSWER ✓ -Consumer Boycotts
-Investor Divestment
-Employee Strikes
15. Private politics are when - ANSWER ✓ NGOs directly engage
private firms with their concerns instead of or in addition to trying to
influence normal public policy
16. Development (First) stage of Politics - ANSWER ✓ -Concern
develops from dissatisfaction of interest groups
-Initially issue lacks broad appeal or wide spread support
17. Politicization (Second) Stage of Politics - ANSWER ✓ -Issue
commends more public attention
-Politicians publicly adopt issue as a campaign platform
18. Legislative (Third) Stage of Normal Politics - ANSWER ✓ -Bill
moves through political process to become law or be reject and start
over
, -Voice of NGO is getting lost
-Majority yes needed for bill to pass
19. Implementation (final) Stage of Normal Politics - ANSWER ✓
Implementation Stage
-Regulators introduce, implement, and enforce final bill
-Rules & interpretations can be challenged in court
-NGO voice completely lost
20. In private politic which stages get changed with direct NGO
engagement with firms - ANSWER ✓ The last 2 Legislative and
Implementation
21. Legislative (third) stage of Private Politics - ANSWER ✓ -Issue
threats: boycotts, divestment, strikes
-Promise Reward: PR endorsement or funding
22. Implementation (Final) stage of Private Politics - ANSWER ✓ -
Bargaining by the two sides to come to an agreement
-May result in firm action, or may agree to disgaree
23. What is the difference between Normal and Private Politics -
ANSWER ✓ Private Politics is when NGOs directly engage private
firms instead of using politicians
