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ECOM AUTO BUSINESS - Essay Example

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This report will try throwing some light on lobbying process and ethical dilemma regarding the process. The essay will dissect lobbying process into responsible and unethical practice. The report will try to analyze lobbying strategy from the fundamental concepts of macro economics. …
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ECOM AUTO BUSINESS
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ECOM AUTO BUSINESS

Download file to see previous pages... Analyzing import Federal policy from the view point of agency’s interest and government’s interest will be important part of the study. The report will try to analyze ethical dilemma in terms of transparency, common interest and fairness to create sound argument to support Sara’s (V.P. of Sales for ECOM Auto) ethical dilemma. Finally the study will try to establish a valid recommendation by taking help of Nash equilibrium. Table of Contents Table of Contents 3 1.0 Lobbying 5 2.0 Responsible Lobbying 6 3.0 U.S.A Trade Laws- Trader’s View 7 3.1 Import Quota 7 3.2 Tariff Rate Quota (TRQ) 8 3.3 Voluntary Export Restraint (VER) 8 4.0 U.S.A Trade Laws- Government’s View 9 5.1 Ethical Dilemma 10 5.1.1 Fairness 10 5.1.2 Transparency 11 5.1.3 Common Good 11 6.0 Answer 2 12 6.1 Recommendation 12 6.1.1 Nash Equilibrium 12 1.0 Lobbying The exercise of lobbying comes in many forms in terms purpose and functionality. Although establishing theoretical definition of the subject is a complex work but research scholars have tried to underline a theoretical concept of lobbying. They defined lobbying as an act to influence decision of government authority or legislators or public officials for or alongside a particular cause. The process comes in various formats. Various formats can be described in the following manner. 1- Submission of official responses to legislator or government over anticipated legislation. 2- Appointment of professional lobbyists to help the company to move forward in the lobbying process. 3- Participation of associations in membership process with other association in order to lobby for combined interests. 4- The association gets engaged in multi segment partnerships with other partners to promote higher values in lobbying condition. 5- The association creates campaigns in order to elect representative in the lobbying process. Common people or governments perceive lobbying as unethical strategic initiative while lobbying in the field of business is common legitimate activity. Many of the business lobbying can be classified as against the common interest of people and often create hindrance in the way of sustainable development of society. Negative image about lobbying process is garnished by the absence of transparency in the process. Many companies use critical business legal jargons to define lobbying which ultimately creates barrier in understanding for common people. Stake holders and other interest groups do not equivalent influence over objectivity of lobbying process. Business communities are largely dependent on professional lobbyists in order to understand complex procedures of lobbying process. Complex lobbying process demands huge investment of capital and time in the process. 2.0 Responsible Lobbying Government or legislator acts as primary addressees for lobbying and must align the process with unbiased legal procedure in order to achieve sustainable development of the society. Government can accomplish this by implementing rigorous gearstick against ‘improper and unethical influence’ to ensure that the discussion between business agency and them is aimed to achieve sustainable development of the society. Responsible lobbying is emerged as latest trend in the field of lobbying process. Companies use responsible lobbying process to construct successful long-standing relationships with public sector and civil society. Corporate and business agencies are trying to establish more visible and ethical lobbying process from the view point of public interest in order to gain trust from the majority of the society. Business agencies focus on various issues like creating sustainable social development for poor, managing environmental opportunities ...Download file to see next pagesRead More
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