Wednesday, April 8, 2009

Government Relations

The Government -- They've Got Their Noses in Everything...

As most people have come to realize, the government is involved in nearly every aspect of life. As such, this also includes business. There are countless regulations and business laws that being involved in a business makes it absolutely necessary to have someone with you to keep you on the right side of the law. The government is very concerned with fair business practices to avoid monopolies and trusts restricting trade. It has gotten to the point where there are seemingly commissions for every aspect of business.

...But So Does Big Business

Businesses have the need to maintain some level of communication with government, regardless of level. <http://www.asme.org/NewsPublicPolicy/GovRelations/> Organizations and corporations frequently interact with state and federal governments when trying to influence their opinions regarding laws and regulations and their interpretations of those same things. To do this, businesses and other organizations frequently employ the use of lobbyists to influence government opinions. However, this is practice can be quite expensive.

Aside from lobbying for causes, another popular method of getting an organization involved in the government is through the use of political action committees (PACs). These PACs are organizations that represent the interests of their members and thereby support politicians that share those beliefs. Having support from a PAC can be extremely influential for a politician, especially when their donations amount to between 1 and 10 percent of all political donations. Without these funds, some politicians couldn't afford to seek office.

However, the involvement of organizations, especially businesses, in the government is controversial. It is viewed by some as being a wasteful use of funds by a business and could also be seen as having too much influence on issues they should have no influence over.

2 comments:

  1. I feel there is no way to get the Government out of the loop. They are what makes thigns run smoothly weather we like it or not. They are the higher power and overlook everything that goes on. If there is any things illegal or unethical going on they know about it and they adress the problem. This does eventually become cost effective, but i'd rather have thigns run properly than being taken advantage of.

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  2. I agree with Garrett. No matter what type of opinion the citizens have on the amount of involvement the government should have in big business, the government has an obligation to protect the citizens and stay involved. As Maggie stated, they are there to regulate companies from becoming monopolies and helping the market flourish. Especially with the economic situation of our country it is essential that the government regulates and helps stimulate the economy through big business. We can all agree that something needs to be done because of the economy and it is up to the government to make the best decision not for the government but for the citizens of the United States. Although a lot of people have lost confidence in the government’s ability to help the economic situation, it is important to remember that our country is run by humans and we all make mistakes. All people need to do is just have faith that the people we elected will do the things that they said they would do and everything will work out. At this time it is now more important that big business keep in contact with the government officials and keep them updated of their business operations and market information to help get us out of this economic crisis.

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