Use the Following to Answer Questions

question 56

Multiple Choice

Use the following to answer questions:
Scenario 3-2. Terry's Technology Service is currently conducting a SWOT analysis of the business. Several differing factors have been observed. One of the major strengths of Terry's business is that he has kept current with all the new technologies that have been developing. The ability to adapt the technologies to business applications has been a key feature of the business. A definite weakness of the business is that Terry's cash flow has been strained lately due to the capital investments that are necessary in order to keep up with current technological advances. Owing to Terry's good relationship with his customers, he is getting many referrals for new customers. A recent consideration is his competition. A new business has started in town that is offering similar services.
-In Scenario 3-2 above, Terry's new competition and his potential customer referrals are examples of which environment?

• A) External environment
• B) Internal environment
• C) Economic environment
• D) Technological environment

Analyze the theoretical foundation and implications of pluralist theory in the context of interest groups.

Understand the advantages and challenges of direct marketing and Astroturf lobbying as interest group strategies.

Differentiate between insider and outsider strategies used by interest groups and their applicability in various political scenarios.

Understand the concept of reinforcement, including primary and conditioned reinforcers.

---

Definitions:

Corporate Veil

A legal concept that separates the actions and liabilities of a corporation from its shareholders, protecting them from personal liability.

Syndicate

A group of individuals or firms that join together to finance a project; also called an investment group.

Corporation

A legal entity that is separate from its owners, offering limited liability to its shareholders, and able to own property, enter contracts, and sue or be sued.

Partnership

A legal arrangement where two or more individuals share ownership of a business, including its liabilities and profits.