Paper Topic:

Business and Government Relations

After a review of the case facts about the effect of trade restrictions on the steel industry of the United States , the identification of the following interest groups are obtained . The steel production industry is an important part of the American economy . It provides a significant backbone to the construction industry of the country and steel producing countries such as Japan , Korea , and China . It is a particular interest group which would heavily be affected by federal government policies in lieu of what happened in the Steel Crisis of 1998 . Besides from its

br economic significance , the steel industry is also a major employer Employing many thousands of people , the performance of this sector has a major influence on the wider economy . The macroeconomic metrics of the country or country of origin will be significantly be affected once these workers run out of jobs . Most of the private contracting companies employ fewer than four people , but when it comes to the value of work done , the industry is controlled by a small number of large corporations . The construction industry consists of a large number of trades working in often difficult situations using many different types of plant . Work is normally carried out on third party premises and casual labor is often used with the result that compliance with health and safety legislation is sometimes sporadic

Furthermore , within the sector there are a number of types of company each with very different outlooks and methods of operating . These companies may well be considered as yet another interest group . Trade restrictions and its effects may vary on these companies depending on its scale and capability to adapt to certain restrictions . Albeit larger companies have a larger tendency to adapt to trade restrictions compared to smaller ones . The next tier up consists of small and medium sized enterprises that undertake larger contracts than the self-employed and often have their own premises . They may undertake general construction work or act in a specialist capacity . At the top end of the scale are the large construction companies , a number of which are public limited companies who undertake large , long-term contracts whether for local consumption or abroad

A perfect example of this is Corus . Corus is a global company that supplies steel and aluminum products and services to consumers worldwide . The Corus brand signifies a mark of excellence , constancy and power . Their global expertise plus the local customer service helps them to offer value , consistency and innovation . Likewise , the Netherlands Germany , France , Norway and Belgium , Corus hires over 47 ,000 employees from more than 40 countries . They have annual proceeds of over ?10bn and chief operating facilities in the UK . The Company comprises four divisions , Strip Products , Long Products , Distribution Building Systems and Aluminium , and has a global network of sales offices and service centers

Meanwhile , according to reports of the federal government under the present administration , the American construction market includes both publicly and privately funded projects . Considering these facts , it can also be said that...

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