Long Island University Managerial Ethics Social Responsibility Discussion

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wbua_wnpxfba

Business Finance

Long Island University Brooklyn

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page # 183 from book.

Read the Case Political Action by the U.S. Steel Industry, 2015-2018” at the end of Chapter 8 and response to the following:

  1. Did the steel industry act appropriately as a participant in the political environment when it sought economic protection from foreign steel imports?
  2. What political strategies, as shown in Figure 8.2, did the steel industry use to gain tariff protections?
  3. What other political strategies could the steel industry have used to promote their interests and how?
  4. What levels of corporate political involvement, as shown in Figure 8.5, are evident in the case?
  5. Should Chinese and other country’s steel producers be permitted to engage as a political participant in the U.S. political environment to protect their economic interests?

book link:

please attached book reference too and 2 outside source.

https://drive.google.com/file/d/1MjAR2FaSOB4V3LImW...

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Running head: DISCUSSION

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Discussion
Student’s Name
Institutional Affiliation

DISCUSSION

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Discussion
Case

Question 1
I think the steel industry acted appropriately by seeking help from the political
environment as protection from foreign steel imports. Many steel companies in the country had
already started to close down some of their plants, and more than 12,000 steel jobs were lost
(Lawrence, & Weber, 2019). Such action sought to offer protection to the industry and everyone
who relied on it. The move is thereby one that is politically approximate for firms or industries
that are in dire need of protection ...


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