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
What are businesses expected to do to fulfill their responsibilities to the government?
Comply with laws and regulations
Maximize shareholder wealth
Avoid paying taxes
What is the primary responsibility of businesses towards shareholders?
Maximize shareholder value
Promote employee well-being
Provide free products or services
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
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
Explain the responsibilities of businesses towards the government.
How can businesses fulfill their responsibilities to employees?
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