, Government and Society MidTerm

Type your response to each question in complete sentences, using no more than 250 words per question.  
Your score on each question will be determined primarily by two factors: (1) use of course material (i.e., incorporating ideas and concepts from course readings and lectures) and (2) evidence of critical thinking (e.g., showing an understanding of multiple sides of an issue). Prose should be clear and concise. Answers should be written in your own words. Plagiarism of any kind will not be tolerated.
Finally, please note that, since you will be evaluated based on your use of course material, consulting outside sources is prohibited. By outside sources, I mean anything other than the textbook, your notes, and my lecture slides. I want to see you make arguments using the material available in our assigned reading. You don’t have to agree with the arguments presented in the textbook and/or lecture, but I do expect you to acknowledge and engage with them where appropriate.
Questions: 

What are negative externalities, and how might government regulation be used to address them? Explain using an example (real or fictitious) that is not described in the textbook.
In your opinion, should businesses be involved in politics? Explain your answer.
How do the three types of corporate political strategy differ from each other? How are they similar?
Do you think businesses should voluntarily undertake environmental efforts, beyond those required by law? Why or why not?
Do you think U.S. executives are compensated too highly? Explain your reasoning.

Rubric:
Exceptional (20 points) = Makes a strong argument with skillful use of ideas and concepts from course readings. Writing is clear and concise.

RESOURCES TO REFER TO:
Only the pots uploaded and Chapters 7, 8, 9, 10 and 13 from the Anne T rence TextBook