CHAPTER 7 Strategies of Societal and Business Interest Groups PowerPoint Presentation Design by Charlie Cook © Routledge © 2014 Routledge, Inc., Taylor and Francis Group. All rights reserved. Learning Outcomes After studying this chapter, you should be able to: 1. Describe the objectives and roles of societal activists 2. Compare and contrast societal interest groups’ and business interest groups’ operations and financing 3. Explain the difference between peak and trade groups and their advantages and disadvantages 4. Describe the objectives and roles of business interest groups 5. List and briefly explain seven strategies activists use against business 6. List and briefly explain eight nonmarket strategies business interest groups use against activists 7. Compare and contrast strategies used by activists and businesses against each other 8. Define the key terms in the chapter © Routledge Societal Interest Group Activists • Society Interest groups and the communities affected by business • Societal interest group activists Advocates of nonprofit or nongovernmental organizations (NGOs) that aggressively pursue social issues with business and government to promote their interests • Activists Societal interest groups, their members, and anyone interested in their causes © Routledge The Objectives and Roles of Activists Provide information about business activities Set voluntary standards and influence laws and regulations Develop nonmarket agenda issues for business Roles of Activists Pressure business and government to change activities, policies, and procedures © Routledge Figure 7.1 Societal Interest Groups and Their Functions Public Citizen a consumer advocate to the government Consumer Federation of America (CFA) a consumer advocate, source of information and education, and service activist group Common Cause a public advocate for the public interest in the political process, holding elected leaders accountable Center for Public Integrity a nonadvocacy institute that provides investigative journalism on issues of public concern © Routledge Business Interest Groups • Business interest groups Nonprofit organizations comprised of groups of firms joined together to advocate their interest on issues. • Peak associations Represent businesses from several industries on a broad range of general business interest issues. • Trade groups Represent businesses on a narrower range of industry- or business-specific interest issues. © Routledge The Objectives and Roles of Business Interest Groups Set voluntary standards and influence laws and regulations Advocate the business side of the issue Provide information Roles of Business Interest Groups Advocate to society and government and to provide services to their members © Routledge Provide member services Figure 7.2 Peak Business Interest Groups and Their Functions Better Business Bureau (BBB) a neutral third-party interest group that helps consumers and businesses maintain an ethical marketplace U.S. Chamber of Commerce the largest business advocate to government and society Business Roundtable an association of chief executive officers of leading U.S. corporations that serves as a business advocate to government National Federation of a small and independent business advocate to Independent Business government that serves as a key resource to (NFIB) its members © Routledge Figure 7.3 Activist Strategies Against Business Grassroots Efforts Demonstrations: Picketing and Rallies Boycotts News Media Relations and Advocacy Advertising Building Coalitions Appeal to Government Litigation © Routledge Activist Grassroots Efforts Preprinted letters and postcards Visits Calls Letters © Routledge Grass Roots Efforts to Mobilize Support Grass-tops Internet, e-mails, and cyber activity Business Strategies Against Activists • 5 Is Strategic Analysis 1. Identification of the issue and its life cycle stage 2. Identification of interested strategic stakeholders 3. Incentive of stakeholders determination 4. Information—communication objectives and strategies 5. Interaction (nonmarket) strategy selection © Routledge Figure 7.4 Nonmarket Strategies Businesses Use Against Activists Gaining Community Public Sentiment for Being Socially Responsible Grand Nonmarket Strategies Lockouts Grassroots Efforts News Media Relations and Advocacy Advertising Building Coalitions Appeal to Government Litigation © Routledge Grand Nonmarket Strategies for Dealing with an Activist Issue Types of Nonmarket Strategies Donate to activists © Routledge Ignore activists Oppose activists Negotiate with activists Work with activists Business Nonmarket and Market Strategies and Ethics Information Strategies • Use facts and figures • Clearly state assumptions • Gain public sentiment with a good corporate reputation • Use outside sources, experts, and stakeholders to support the accuracy and legitimacy of the firm’s side of an issue © Routledge Societal Strategies • Be socially responsible • Voluntarily self-regulate • Maintain ethical relations with all stakeholders • Implement the eight nonmarket strategies against activists • Employ an opposing grand strategy Key Terms activists grand nonmarket strategies Better Business Bureau (BBB) grassroots efforts boycotts lockouts business interest groups business roundtable National Federation of Independent Business (NFIB) center for public integrity peak interest groups coalitions public citizen common cause societal interest group activists Consumer Federation of America (CFA) trade groups © Routledge U.S. Chamber of Commerce