Responsibilities to community, government, shareholders and employee. - SS2 Commerce Past Questions and Answers - page 1
What is a way in which businesses fulfill their responsibilities to the community?
Creating job opportunities
Maximizing profits
Reducing taxes
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What are businesses expected to do to fulfill their responsibilities to the government?
Comply with laws and regulations
Maximize shareholder wealth
Avoid paying taxes
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What is the primary responsibility of businesses towards shareholders?
Maximize shareholder value
Promote employee well-being
Provide free products or services
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How can businesses fulfill their responsibilities to employees?
Prioritizing shareholder interests over employee welfare
Providing fair compensation and a safe work environment
Promoting discrimination and unequal opportunities
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What is the purpose of businesses engaging in community development activities?
To create a positive impact and foster a healthy environment
To maximize profits at any cost
To evade government regulations
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Explain the responsibilities of businesses towards the government.
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How can businesses fulfill their responsibilities to employees?
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