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Responsibilities to community, government, shareholders and employee. - SS2 Commerce Past Questions and Answers - page 1

1

What is a way in which businesses fulfill their responsibilities to the community?

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A

Creating job opportunities

B

Maximizing profits

C

Reducing taxes

2
What are businesses expected to do to fulfill their responsibilities to the government?
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A

Comply with laws and regulations

B

Maximize shareholder wealth

C

Avoid paying taxes

3
What is the primary responsibility of businesses towards shareholders?
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A

Maximize shareholder value

B

Promote employee well-being

C

Provide free products or services

4
How can businesses fulfill their responsibilities to employees?
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A
Prioritizing shareholder interests over employee welfare
B

Providing fair compensation and a safe work environment

C

Promoting discrimination and unequal opportunities

5
What is the purpose of businesses engaging in community development activities?
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A

To create a positive impact and foster a healthy environment

B

To maximize profits at any cost

C

To evade government regulations

6
Explain the responsibilities of businesses towards the government.
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7
How can businesses fulfill their responsibilities to employees?
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