ECO202 SLP Essay Example | Topics and Well Written Essays - 500 words

ECO202 SLP - Essay Example Your answer to this question can give an interesting perspective as to how lobbying can distort economic policy and decisions. CAUTION: I am not looking for general comments that could apply to the country as a whole or any given organization, what I want is comments that are relevant specifically to your organization) Your Full Name Your Prof Name Course Name Date of Submission Lobbying for Novartis Monetary and fiscal policies can have significant impact on business operations of any firm. These policies can not only affect the top line (revenue) of the firm but also several costs and most definitely the bottom line (net profit after tax). With the goals of firms being to maximize profits, government economic policies can have a major role to play in firms booming or going out of business. The role of the lobbyist of a company is then to try to get the government to adopt economic policies that would benefit the firm while at the same time not be detrimental to the economic growth of the country. In order to identify the specific lobbying areas for Novartis, it is first important to understand some key elements about Novartis and how its business is structured. Novartis is a pharmaceutical company (operating in 140 countries) headquartered in Basel, Switzerland and does most of its research and development (R&D) activity in the US.