Rubric: Global Civic Awareness - Demonstrate an Awareness of Political and Legal Context of Business
Learning Objective |
1.Unacceptable |
2.Acceptable |
3.Excellent |
---|---|---|---|
Sensitivity to the connection between firm's market performance and its political environment | Little or no sensitivity to the connection between firm's market performance and its political environment | Generally aware that a firm's market performance is affected by issues in the political environment, and generally aware that a firm's behavior can prompt adverse changes in the political environment. | A nuanced awareness of specific elements of the political environment that affect a firm's performance, and of specific types of behavior that will likely prompt a political response. |
Awareness of the existing regulatory environment | Little or no awareness of the scope or rationale for government regulation of business. | Understands generally the nature and rationale for specific government regulation of business and understands generally how those regulations impact the firm. | Understands the terms of specific government regulations, understands the economic, social and political rationales for the regulations, and understands the mechanisms by which regulations are enforced and changed. |
Ability to analyze emerging issues in the political environment | Little or no ability to make a reasoned analysis of impact on the firm of an issue in the political environment or of the firm’s ability to have an impact on the political environment. | Understands the concepts that are commonly used to make a reasoned analysis of the impact on the firm of an issue in the political environment and to make a reasoned analysis of the firm’s ability to have an impact on the political environment. | Has a nuanced understanding of the concepts commonly used to make an in-depth analysis of the impact of an issue on the political environment on the firm and of the firm’s ability to have an impact on the political environment. |
Ability to form a strategy to deal with an emerging issue in the political environment | Little or no ability to develop a reasoned strategy for a firm to deal with an issue in the political environment. | Understands how the policy-making process operates and how a firm can participate in the process, and understands the concepts that are available for a firm to develop a strategy to deal with an issue in the political environment. | Has a nuanced understanding of how the policy-making process operates and has a nuanced understanding of the concepts available for a firm to develop a strategy deal with an issue in the political environment and to influence policy making. |