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232 Cards in this Set
- Front
- Back
Peter Anastas, financial analyst, suggests that a corporate communication strategy has what three major characteristics?
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(1.) consistency, (2.) credibility, (3.) clarity
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What are the three major characteristics a corporate communication strategy has to have?
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(1.) consistency, (2.) credibility, (3.) clarity
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Within corporate communication strategy, there needs to be _____ not only in the style and culture of the annual report but also in what the company says it is going to do compared with what it actually does.
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consistency
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Within corporate communication strategy, _____ is increased when the company uses a candid and straightforward approach to describe its operations with a minimum of hype and maximum of information.
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credibility
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Within corporate communication strategy, _____ needs to be the focus of the communication -- be understandable, not obtuse.
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clarity
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A primary way to reach financial analysts is through _____, meetings that investment professionals attend specifically to hear company presentations or discuss corporate issues.
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investment conferences
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These programs contain information on a company's performance and provide persuasive arguments for buying its stock.
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investment conferences
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Although such presentations center on speeches by company executives, they usually provide slick publications and audiovisual support materials as well.
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investment conferences
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meetings attended by investment professionals especially for the purpose of hearing company presentations
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investment conferences
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The 1968 Texas Gulf Sulphur Case was the first major case of insider trading since the _____ was formed in 1934 and was the landmark decision was the wake-up call to American corporations that the _____ meant business with its insider trading and related disclosure of information rules.
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Securities & Exchange Commission (SEC)
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Federal regulatory body established by Congress in 1934 to oversee the trade of stocks and bonds and the operations of financial markets.
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Securities & Exchange Commission (SEC)
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federal regulatory body that oversees the trading of stocks and bonds and the operations of financial markets
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Securities & Exchange Commission (SEC)
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What is the first task of financial public relations?
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to CREATE AND MAINTAIN INVESTOR CONFIDENCE, building positive relationships with the financial community through the dissemination of corporate information.
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The first task of _____ is to create and maintain investor confidence, building positive relationships with the financial community through the dissemination of corporate information.
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financial public relations
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True or false? Financial public relations is much easier to relate to the proverbial bottom line than other kinds of public relations.
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true
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What is the second major function of financial public relations?
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to prompt provision of public information required by law, regulation, and policy
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The second major task of financial public relations is to prompt provision of _____ required by law, regulation, and policy.
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public information
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the process of creating and maintaining investor confidence and building positive relationships with the financial community through the dissemination of corporate information
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financial public relations
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How many pages does the average annual report include?
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44
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The average annual report is, on average, _____ pages long.
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44
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The SEC routinely requires submission of what three kinds of reports?
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(1.) annual reports (form 10-K), (2.) quarterly reports (form 10-Q), and (3.) current reports (8-K)
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What are the three kinds of SEC reports?
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(1.) annual reports (10-K), (2.) quarterly reports (10-Q), and (3.) current reports (8-K)
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annual reports are also known as
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form 10-K
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quarterly reports are also known as
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form 10-Q
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current reports are also known as
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form 8-K
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asks for descriptions of a corporation's principal products and services; assessment of competitive conditions in its industry; the dollar amount of order backlog; source and availability of raw materials; all material patents, licenses, franchises, and concessions; and the estimated dollar amount spent on research
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annual reports/Form 10-K
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much less detailed; it primarily asks for the corporation's summarized profit and loss statement, capitalization, stockholder's equity at the end of the quarter, and the sale of any unregistered securities
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quarterly reports/Form 10-Q
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filing this document is required when an unusual event of immediate interest to investors occurs, such as the acquisition or sale of significant assets or changes in the amount of securities outstanding
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current reports/Form 8-K
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SEC reports are prepared largely by whom?
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accountants and lawyers
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Financial public relations practitioners deal with media as much as other public relations specialists do. The major difference lies in the _____ nature of the financial media.
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specialized
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What are the 8 members of the financial press?
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(1.) major daily newspapers, (2.) weekly newspapers, (3.) business press (The Wall Street Journal), (4.) financial columnists, (5.) trade magazines, (6.) cable television, (7.) local and network programs, (8.) specialized financial media (market newsletters, investment advisory services, statistical services)
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includes The Wall Street Journal, Forbes, Barron's, BusinessWeek, Fortune, and other national publications as well as various other local business-oriented publications
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business press
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carry considerable influence and can offer unique perspectives on particular companies
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financial columnists
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usually devoted to particular industries, occupations, or professions that are likely to reach such prospects as suppliers and producers
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trade magazines
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includes market newsletters, investment advisory services, and statistical services (like Standard and Poor's) and frequently carry the greatest weight with potential investors
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specialized financial media
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media outlets devoted to coverage of business and financial information
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financial press
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PR information for stockholders should be written how?
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in readable, nontechnical language
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Treating stockholders as important customers has a number of implications for financial relations officers. Communicating in _____, _____ language is a must.
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readable; nontechnical
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A 1998 SEC regulation requires that certain parts of disclosure documents be written in _____.
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plain English
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The first point of the 10-point National Investor Relations Institute (NIRI) program is aimed at a two-tier system in information disclosure, the first being a _____ summary, or _____ summary, of the information contained in these various reports in order to help an investor better understand significant trends that would likely affect a company's performance.
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plain English; executive
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Financial relations professionals must have _____ to deal effectively with their many-faceted responsibilities.
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a broad base of knowledge and skills
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A survey of 300 senior financial relations officers in leading corporations showed that a _____ combined with _____ is considered the best preparation in the field.
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broad financial background; marketing communication skills
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Knowledge of _____, _____, _____, and _____ are all important for those considering financial relations careers.
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finance; marketing; law; public relations
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What type of background is needed to be in financial relations?
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a broad financial background combined with marketing and communication skills; knowledge of finance, marketing, law, and public relations are all important
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Where can annual reports be published?
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Annual reports can be published anywhere including the World Wide Web.
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Annual reports can be published anywhere including the _____.
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World Wide Web
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include investment counselors, fund managers, brokers, dealers, and institutional buyers -- the professionals in the investment business
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financial analysts
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their basic function is to gather information concerning various companies, to develop expectations in terms of sales, profits, and a range of other operating and financial results, and to make judgments about how securities markets will evaluate these factors
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financial analysts
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What are the basic functions of financial analysts?
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(1.) to GATHER INFORMATION concerning various companies, (2.) to DEVELOP EXPECTATIONS in terms of sales, profits, and a range of other operating and financial results, and (3.) to MAKE JUDGMENTS about how securities markets will evaluate these factors
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They gather quantitative and qualitative information on companies, compare their findings to statistics from other companies, assess opportunities and risks, and then advise their clients.
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financial analysts
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Corporate financial relations assists analysts by providing _____ and, in doing so, may positively influence expectations and judgments.
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information
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To maintain relations with financial analysts, the basic method is to _____ the prospects, _____ them, establish _____ and understanding, and then _____ the relationship.
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identify; meet; interest; maintain
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All dealings with professional analysts should be characterized by _____, _____, and _____ communication, but care should be taken not to _____.
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responsiveness; openness; regular communication; overcommunicate
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Financial analysts want to know the company's _____.
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background
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Investment counselors, fund managers, and others whose function is to gather information about various companies, develop expectations of the companies' performances, and make judgments about how securities markets will evaluate these factors.
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financial analysts
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Strategies for communicating financial information, like those for implementing other plans, must grow out of what?
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management's long-term view of the corporation
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_____ is a plan for getting from where you are to where you want to be. Thus, the perception of the company by its relevant publics should be compared with how it hopes to be perceived in the future.
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communication strategy
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Whatever a corporation's current status or ultimate objectives, its financial relations communication strategy must be characterized by _____, _____, and _____.
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responsiveness; regularity; openness
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_____ is the key to a strong financial relations program
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credibility
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provides 24-hour business and financial news; among the top five sites in the United States for financial news and information
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Bloomberg Financial Media Company
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In the wake of several cases of securities fraud in the mid-1900s, the U.S. Securities and Exchange Commission (SEC) imposed what two new rules on the financial community?
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(1.) any material change in any publicly owned company's financial condition must be MADE PUBLIC IMMEDIATELY, and (2.) anyone trading securities based on "INSIDER INFORMATION" -- information that has not been made public -- can be fined and/or imprisoned
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What are the two rules affected by PR most often/the two rules that are broken most often?
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(1.) any material change in any publicly owned company's financial condition must be MADE PUBLIC IMMEDIATELY, and (2.) anyone trading securities based on "INSIDER INFORMATION" -- information that has not been made public -- can be fined and/or imprisoned
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Practitioners meet SEC requirements by _____ to all media in a _____ manner with _____ detail.
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releasing complete information; timely; complete
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What are four ways to implement communication strategies?
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(1.) personal meetings, (2.) financial literature (correspondence, quarterly and annual reports, dividend enclosures), (3.) financial news releases, (4.) annual meetings
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What are three industries that have been caught using slave labor in the production process?
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(1.) Kathie Lee Gifford, (2.) Nike, (3.) chocolate
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Governmental public relations practitioners are called _____.
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public information officers (PIOs)
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True or false? Public information officers (PIOs) are more neutral and objective than public relations professionals working in the private sector.
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false (public information officers are no more neutral or objective than public relations professionals working in the private sector)
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Why do PIOs seek to ensure approval?
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Because the success and stability of democratic governments are ultimately determined by continuous citizen approval.
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The democratic system implies that government will respond to the wishes of the governed, so PIOs work to _____ those wishes, then strive to make governments _____ to them.
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determine; responsive
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True or false? PIOs try to understand and affect public opinion.
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true
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In government -- as in any other organization -- public relations is a _____ function that helps define _____ and philosophies while also helping the organization adapt to the demands of its _____ and environments.
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management; objectives; constitutencies
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also known as public affairs officers (PAOs), press secretaries, and administrative aides
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public information officers (PIOs)
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develop, execute, and evaluate programs that promote the exchange of influence and understanding among an organization's constituent parts and publics
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public information officers (PIOs)
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True or false? Government public relations specialists operate somewhat differently from their private sector counterparts.
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true (because they work in a different context with different constraints and problems)
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What are four problems faced by public information officers (PIOs)?
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(1.) Their mission and legitimacy are questioned more extensively, (2.) Their constituents are forced to provide financial support through taxation, (3.) Red tape, internal bureaucratic situations, and political pressures hinder their efforts, and (4.) Career development opportunities are limited
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public relations practitioners working for the U.S. government or other institutions using those titles
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public information/public affairs officers (PIOs/PAOs)
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_____ are the major vehicles for fund-raising efforts.
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political action committees (PAC)
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a group of people who raise or spend at least $1,000 in connection with a federal election
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political action committee (PAC)
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A political action committee is a group of people who raise or spend at least _____ in connection with a federal election.
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$1,000
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Corporate PACs get their money from _____ or _____.
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employees; stockholders
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Other PACs get their funds from their _____ or _____.
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members; constituencies
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The top PAC by total expenditure is the _____.
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Service Employees International Union
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Typically, PACs contribute to which candidates?
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candidates whose philosophies are consistent with their own
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What PACs typically seek is _____.
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access
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PACs are so eager to back winners, they often do so retroactively -- making contributions after the election is over, called "_____."
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hundred percent money
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True or false? Many PACs switch sides after the votes are counted.
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true
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What is the most important outcome of electoral contributions?
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To obtain ACCESS to legislators and gain INFLUENCE on legislative activities.
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The most important outcome of electoral contributions is to obtain _____ to legislators and gain _____ on legislative activities.
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access; influence
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a group of people who raise or spend at least $1,000 in connection with a federal election
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political action committee (PAC)
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the major avenue for legislative activities
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lobbying
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When business firms and organizations concentrate their efforts on affecting legislation and regulation in relevant areas, these activities are known as _____.
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lobbying
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the practice of trying to influence governmental decisions, particularly legislative votes, by agents who serve interest groups
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lobbying
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True or false? Lobbying has long been recognized as an illegitimate practice.
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false (Although the term has acquired an unsavory connotation of graft and influence peddling, lobbying has long been recognized as a legitimate practice)
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Today, lobbyists are likely to be who?
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very carefully selected professionals who have business acumen, a thorough grasp of sometimes highly technical information, and lots of political savvy
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Lobbyists devote much time to _____ contacts and programs that will improve _____ with government officials and to _____ legislators' activities regarding statutes and laws.
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creating; communication; monitoring
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Lobbyists involve themselves in the _____ stages of the legislative process.
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earliest
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Lobbyists' emphasis is on _____ and _____, not pressure.
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information; advocacy
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Lobbyists seek to define issues in terms of what?
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the legislators' constituencies and the public interest, providing briefly stated, neatly organized facts that answer questions
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Lobbyists seek to define issues in terms of the legislators' _____ and the _____, providing briefly stated, neatly organized facts that answer questions.
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constituencies; public interest
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Honesty is essential because _____ is the lobbyist's most important asset.
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credibility
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What is the lobbyist's most important asset?
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credibility
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Perhaps an even more important role of lobbyists is to provide what?
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expert advice on which issues to address
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In a democracy, the attempt to influence government occurs in the context of _____ and requires dealing with an audience much _____ than political officials.
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public opinion; broader
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Washington lobbyists must demonstrate that their positions are those of the congressman or congresswoman's _____.
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constituents
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may consist of asking local groups to partner on a corporate issue by sending messages to legislators, flooding Congress with mail, or getting the right people to call their representatives
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grassroots approach
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means establishing an organization at the local level by which support can be activated when needed
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grassroots lobbying
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the practice of trying to influence governmental decisions, usually done by agents who serve interest groups
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lobbying
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organizing local constituencies to influence government decision makers
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grassroots lobbying
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also known as advocacy advertising
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issue advertising
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a way of taking an organization's position straight to the people, with the anticipation that they will support it politically
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issue advertising (or advocacy advertising)
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True or false? Issue advertising is a new phenomenon.
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false (this kind of advertising is not new)
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_____ is perhaps the nation's leading issue advertiser.
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Mobil Corporation
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advertising designed to communicate an organization's stand on a particular issue and seeking to generate support for that position
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issue advertising (advocacy advertising)
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sometimes used as a synonym for all public relations, more often describes the aspect of public relations that deals with the political environment of organizations
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public affairs
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the aspect of public relations that deals with the political environment of organizations
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public affairs
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sometimes called governmental relations
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public affairs
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related to issues management because through its relationship building it helps organizations anticipate or respond to issues affecting their activities
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public affairs/governmental relations
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includes seeking to shape public opinion and legislation, developing effective responses to matters of public concern, and helping the organization adapt to public expectations
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public affairs/governmental relations
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may be involved in monitoring public policy, providing political education for employees or other constituents, maintaining liaisons with various governmental units, and encouraging political participation
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public affairs/governmental relations
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_____ practitioners facilitate the two-way flow of information between an organization and its political environment
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public affairs
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a specialization of public relations that concerns building public policy relationships between organizations
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public affairs
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True or false? All organizations -- business, nonprofits, and governments -- must build governmental relationships and actively collaborate with those government contacts to influence public policies.
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true
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used variously as a synonym for external affairs, governmental relations, and corporate communications
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public affairs
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Most practitioners use _____ as the name for the integrated department combining all, or virtually all, external noncommercial activities of the business world.
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public affairs
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the public relations practice that addresses public policy and the publics who influence such policy
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public affairs
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the aspect of public relations dealing with the political or governmental environment of organizations
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public affairs
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What is the first strategy for a public information officer?
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to make sure you are a generalist in PR
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What are five strategies for a public information officer?
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(1.) PIOs should STRIVE TO BE GENERALISTS in both public relations and management skills, (2.) PIOs should practice PREVENTATIVE MAINTENANCE, (3.) PIOs must develop a SERVICE ORIENTATION, (4.) PIOs should CONCENTRATE ON INPUTS AS MUCH AS OUTPUTS, (5.) PIOs should realize OPENNESS is essential to effective governmental public relations
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Strategies for public information officers include (1.) striving to be _____ in both public relations and management skills, (2.) practicing _____ maintenance, (3.) developing a _____ orientation, (4.) concentrating on _____ as much as _____, (5.) and realizing that _____ is essential to effective governmental public relations.
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generalists; preventative; service; inputs; outputs; openness
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Why has using technology to communicate with the public become popular with government public relations?
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Because it is a relatively inexpensive two-way communication tool that can be used on low operating budgets prevalent in governmental public relations.
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What are the five objectives accomplished by government use of websites?
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(1.) communicating with the PUBLIC, (2.) communicating with RESEARCHERS, activists, specialists, and journalists, (3.) distributing LARGE VOLUMES OF INFORMATION, (4.) PUBLICIZING anything from a new policy to an upcoming event, (5.) SOLICITING public comment
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Government use of web sites can accomplish: (1.) communicating with _____, (2.) communicating with _____, (3.) distributing _____, (4.) _____ anything from a new policy to an upcoming event, and (5.) _____ public comment
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the public; researchers, activists, specialists, and journalists; large volumes of information; publicizing; soliciting
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An example of _____ bodies are political action committees.
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electoral
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A _____ body is a lobbying organization seeking to influence the law-making process to fit its own agenda.
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legislative
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When an organization influences government in less organized but very effective ways, as in a rally.
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grassroots approach
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Involves specifically looking at building and cementing ongoing relationships with political parties and decisionmakers.
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public affairs/government relations
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Government roles are shaped by what three types of organizations?
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electoral, legislative, and regulatory
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Governmental roles are shaped by _____, _____, and _____ organizations.
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electoral, legislative, and regulatory
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concerned with the improving of fairness and effectiveness of new and existing systems
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electoral
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dealing with passing, amending, and repealing laws, such as taxes going up and down and the effect it is going to have
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legislative
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looks at rights and responsibilities; the law-making process, like industry restrictions
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regulatory
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Any type of committee that is formed to bring about change such as Right to Life of Michigan or specific environmental groups like PETA is an example of _____.
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a political action committee (PAC)
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an example of these are political action committees
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electoral bodies
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a _____ body is a lobbying organization seeking to influence the law-making process to fit its own agenda (AFL-CIO trying to get time off for new dads)
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legislative
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a _____ body is a government agency outside of the legislative process that controls or influences the law-making process, like the Environmental Protection Agency
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regulatory
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trying to gain funds by going to Frankfort is an example of
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lobbying
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Right to Life and other "hot topic" issues putting out commercials in print and on the Internet is an example of
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issue advertising
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What % of Americans are employed by nonprofits?
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7%
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_____% of Americans are employed by nonprofits.
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7
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Who are the most important internal audiences for elementary and secondary schools?
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(1.) teachers, (2.) students, (3.) parents, (4.) district residents
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The most important internal audiences for elementary and secondary schools are _____, _____, _____, and _____.
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teachers; students; parents; district residents
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What is the most common type of nonprofit organization?
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health and human services organizations
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_____ are the most common type of nonprofit organization; more than _____%, or 1 in _____ public charities is this kind of organization.
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health and human services organizations; 35%; 3
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What is the top revenue-generating nonprofit organization in the U.S.?
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Either the YMCA of the USA (according to the book) or the Mayo Foundation (according to the lecture notes)
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The top revenue-generating nonprofit organization in the U.S. is either the _____ (according to the book) or the _____ (according to the lecture notes).
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YMCA of the USA; Mayo Foundation
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organizations that allow those with similar interests and goals to join together to address common needs, often in the areas of legislation, law, education, and training
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membership associations
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_____ are organizations that allow those with similar interests and goals to join together to address common needs, often in the areas of legislation, law, education, and training.
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membership associations
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thousands of these exist for lawyers, teachers, health care professionals, and the like
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membership associations
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some well known ones are the American Medical Association, Chambers of Commerce, and the AARP
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membership associations
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At the heart of any successful membership association are _____, and this is where public relations efforts are often focused.
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relationships
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How do practitioners in membership associations build and maintain a sense of community?
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by using a combination of "old" technology (newsletters and brochures), "new" technology (e-mail and Web sites), and face-to-face communication (statewide and regional meetings)
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Nonprofits are treated like any other organization that experiences a crisis or scandal: they get _____. But when a nonprofit finds itself in such a situation, what happens?
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media attention; the whole mission and future existence of the organization can be jeopardized
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When a nonprofit finds itself in a crisis or scandal situation, the whole _____ and _____ can be jeopardized.
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mission; future existence of the organization
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One valuable tool that nonprofits use to gain a significant share of voice and receive support and recognition for their work in such a crowded marketplace is _____.
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information technology
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Why do nonprofits use information technology?
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to communicate and to gain a significant share of voice and receive support and recognition for their work in such a crowded marketplace
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What do Web sites, e-mail, and Internet access allow nonprofit organizations to do?
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to conduct research, to share information with key constituents, to raise funds, to network with affiliates, to attract employees and volunteers, to provide training, to sponsor 24/7 information services, and to enhance their overall ability to carry out their programs and mission
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Effective Web sites for nonprofit organizations focus on _____.
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audience needs
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What happened to the American Red Cross' image in 2001?
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The American Red Cross kept collecting blood it knew it didn't need after 9/11 and ended up destroying 50,000 pints, damaging the reputation of the organization that depends on the goodwill and support of the nation's citizens.
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a guerrilla public relations technique in which activists become shareholders, infiltrate annual meetings, and present their demands in shareholder proposals
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boardroom activism
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What is boardroom activism?
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a guerrilla public relations technique in which activists become shareholders, infiltrate annual meetings, and present their demands in shareholder proposals
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What is an example of an organization that has used boardroom activism?
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Mothers Against Drunk Driving (MADD), which used grassroots support to push for tougher alcohol laws and enforcement and related legislative issues
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How do nonprofits describe their bottom line?
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with the axiom "No margin, no mission"
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Nonprofits often use what axiom to describe their bottom line?
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"No margin, no mission."
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What axiom do nonprofits use to describe their bottom line and what does it mean?
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"No margin, no mission," meaning that without sufficient funds to operate the business, the organization is short-lived.
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Who are nonprofits publics?
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Nonprofits are accountable to numerous publics, including corporate and individual donors, board members, employees, volunteers, opinion makers, lawmakers, clients and customers, members, government funders and regulators, neighbors and citizens, foundations and grantees.
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Name some of the numerous publics nonprofits are accountable to.
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corporate and individual donors, board members, employees, volunteers, opinion makers, lawmakers, clients and customers, members, government funders and regulators, neighbors and citizens, foundations and grantees
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A nonprofits' _____ audiences have different public relations needs, and _____ all of them isn't easy. Practitioners must try to _____ these numerous perspectives.
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complex; satisfying; balance
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How do you get on the board of directors for a nonprofit organization?
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Board membership in a profit usually carries a price tag in that its members are expected to make a substantial financial gift. But their organizations can extend beyond money.
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Board membership in a nonprofit usually carries a _____ in that its members are expected to make a _____.
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price tag; substantial financial gift
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True or false? Fortune 500 companies generally encourage their employees to serve on board of nonprofits, and some help train them for board leadership.
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true
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What three groups do membership associations primarily consist of?
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(1.) groups of PROFESSIONALS, (2.) groups of BUSINESSES, (3.) TRADE GROUPS
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Membership associations consist primarily of (1.) groups of _____ such as attorneys, accountants, engineers, architects; (2.) groups of _____ such as manufacturers, distributors, retailers and those who deal in specific products or services; (3.) _____, consisting primarily of management and labor organizations in construction, manufacturing, agriculture, etc.
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professionals; businesses; trade groups
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SigEp, PRSSA, and the National Communication Association are all examples of
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membership associations
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anything that deals with members donating, paying dues, or some kind of non-profit associated with membership
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membership association
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Why are crises in nonprofit organizations especially damaging?
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Because nonprofit organizations do not have as much money to restore its image and because it is so difficult to bring a nonprofit's image back.
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_____ is a term used when the goal is to reach people with media.
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target audiences
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used when the goal is to reach people with media
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target audiences
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When the goal is to talk about communal issues, the term _____ is used.
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target publics
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used when the goal is to talk about communal issues
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target publics
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When communication is supporting the marketing function and is geared toward those who make buying and selling decisions, the term _____ is used.
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target markets
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used when communication is supporting the marketing function and is geared toward those who make buying and selling decisions
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target markets
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the primary group an organization is trying to influence
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target audience
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communication with key publics to support the marketing function
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target market
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key publics concerned with common issues
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target publics
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What is the job of PR in large corporations?
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Ultimately to (1.) ENSURE THAT CORPORATE POWER IS MAINTAINED by responsible use and (2.) to HELP DEVELOP COOPERATIVE RELATIONSHIPS between corporations and other societal institutions
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The job of PR in large corporations is to _____ and to _____.
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ensure that corporate power is maintained by responsible use; help develop cooperative relationships between corporations and other societal institutions
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The job of PR in large corporations is ultimately to ensure that _____ is maintained by responsible use and to help develop _____ between corporations and other societal institutions.
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corporate power; cooperative relationships
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To be successful in corporate public relations, a practitioner must have a _____ of skills and abilities and be able to apply them as the situation demands.
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broad range
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Those new to public relations, such as recent college graduates, often start as _____.
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technicians
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develop and polish their writing, research, and other foundational public relations skills
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technicians
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polish public relations skills by finding information about the company's industry, writing press releases, coordinating production schedules, developing marketing communications materials, and assisting with special events
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technicians
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begin to understand how senior practitioners diagnose communication problems and develop strategic plans
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technicians
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As _____ assume greater managerial responsibilities, other qualities assume higher importance.
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technicians
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public relations practitioners who perform the skills of writing, editing, or producing the public relations materials
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technicians
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What are the 12 steps a company can take to recover its reputation and restore credibility?
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(1.) take the HEAD-LEADER first, (2.) communicate TIRELESSLY, (3.) don't UNDERESTIMATE your critics and competitors, (4.) reset the company CLOCK, (5.) ANALYZE what went wrong and right, (6.) MEASURE, measure, and measure again, (7.) right the CULTURE, (8.) seize the SHIFT, (9.) brave the MEDIA, (10.) build a DRUMBEAT of good news, (11.) commit to a MARATHON, not a sprint, (12.) minimize the REPUTATION risk
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What is the challenge of global public relations?
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To eliminate as many of the barriers to effective communication as possible.
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The challenge of global public relations is to eliminate as many of the _____ to effective communication as possible.
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barriers
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What are the four major barriers/differences that often confront business and public relations in global PR?
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(1.) language, (2.) law, (3.) culture, (4.) underdeveloped mass media
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Four major barriers that often confront business and public relations in global PR are differences in _____, _____, _____ and _____.
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language; law; culture; an underdeveloped mass media
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The public relations function in multinational corporations has what three distinct aspects?
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(1.) representing multiatonal corporations AT HOME, (2.) BRIDGING THE COMMUNICATION GAP that exists between foreign operations and management at the world headquarters, (3.) public relations conducted in the VARIOUS HOST COUNTRIES of the corporation
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What is the most frequent responsibility for corporate PR?
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corporate communication/public relations
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The most frequent responsibility for corporate PR is _____/_____.
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corporate communication/public relations
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What is the biggest challenge to most small business owners and managers in terms of PR?
|
finding time to devote to public relations
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The challenge to most small business owners and managers is _____.
|
finding time to devote to public relations
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Small business owners must focus first on the _____, meaning that they may not realize what?
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core business; may not realize the consistent benefits that a planned public relations program could deliver
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Most small businesses have _____ public relations staffs. This demands that its practitioners be _____.
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lean; generalists
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How do corporate communicators spend most of their time?
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(1.) strategic planning, (2.) supervision, (3.) doing the work
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A practice analysis conducted by the PRSA found that corporate communicators spent most of their doing what three things?
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(1.) strategic planning, (2.) supervision, (3.) doing the work
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A practice analysis by the PRSA found that corporate communicators spent most of their time on _____, _____, and _____.
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strategic planning; supervision; doing the work
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Who is the most important audience for a company blog?
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existing and potential customers
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Of those corporations who do sponsor a blog, two-thirds consider the most important audiences to be _____ and _____ _____.
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existing; potential; customers
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Of those corporations who do sponsor a blog, two-thirds consider who to be the most important audiences?
|
existing and potential customers
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|
In 2005, what company was the largest global and U.S. corporation?
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Wal-Mart
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In 2005, the largest global and U.S. corporation was _____.
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Wal-Mart
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supports sales, attracts employees, improves the quality of public services, provides support for business initiatives, and improves the quality of life for employees and executives
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community relations
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_____ supports sales, attracts employees, improves the quality of public services, provides support for business initiatives, and improves the quality of life for employees and executives.
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community relations
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a public relations function consisting of an institution's planned, active, and continuing participation with and within a community to maintain and enhance its environment to the benefit of both the institution and the community
|
community relations
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_____ is a public relations function consisting of an institution's planned, active, and continuing participation with and within a community to maintain and enhance its environment to the benefit of both the institution and the community
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community relations
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_____ programs open up opportunities to allow two-way communication and mutual influence in the community.
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community relations
|
|
What are the FOUR major barriers in Global PR?
|
(1.) language, (2.) legal, (3.) culture, (4.) underdeveloped mass media
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|
The four major barriers in global PR are _____, _____, _____, and _____.
|
language; legal; culture; underdeveloped mass media
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What is the main focus for having community relations?
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To evaluate publics' attitudes about your corporation
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