Responsibilities of business - SS2 Commerce Past Questions and Answers - page 1
Why might a business provide scholarship awards?
To promote education and support deserving students.
To maximize profits and gain a competitive advantage.
To increase employee morale and motivation.
How does a business contribute to the community through employment?
By creating job opportunities for local residents.
By providing free services to community members.
By organizing charity events and fundraisers.
What is the purpose of offering scholarship awards?
To generate positive publicity for the business.
To generate positive publicity for the business.
To secure tax benefits for the business.
How does employment by businesses benefit the community?
It promotes cultural diversity and inclusivity.
It promotes cultural diversity and inclusivity.
It reduces unemployment rates and improves economic conditions.
It reduces unemployment rates and improves economic conditions.
What does providing scholarship awards and employment opportunities demonstrate about a business?
Its focus on maximizing profits at any cost.
Its commitment to social responsibility and community development.
Its desire to control and dominate the local market.
Its commitment to social responsibility and community development.
Explain why businesses provide scholarship awards in the community.
Businesses provide scholarship awards to promote education and support deserving students. By offering scholarships, they contribute to the development of talented individuals and invest in the future of the community.
How does the employment of people in the community benefit both businesses and society?
The employment of people in the community benefits businesses by providing a skilled workforce and contributing to their productivity and success. It benefits society by reducing unemployment rates, improving economic conditions, and enhancing the overall well-being of individuals and families.