Week7 Class flashcard: Importance of businesses in Society

Week7 Class flashcard: Importance of businesses in Society

Assessment

Flashcard

Business

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

What is the primary role of businesses in society?

Back

To create and distribute goods and services

2.

FLASHCARD QUESTION

Front

How do businesses contribute to economic growth?

Back

By generating income and creating jobs

3.

FLASHCARD QUESTION

Front

Which of the following is a social responsibility of businesses? A. Maximizing profits at all costs B. Avoiding regulations C. Reducing environmental harm D. Outsourcing jobs to other countries

Back

Reducing environmental harm

4.

FLASHCARD QUESTION

Front

Why is innovation important in business?

Back

It enables businesses to meet changing societal needs.

5.

FLASHCARD QUESTION

Front

What is one way businesses can support communities?

Back

By offering employment opportunities.

6.

FLASHCARD QUESTION

Front

Which of the following is an ethical responsibility of a business? A. Exploiting workers for profit B. Ensuring fair wages and working conditions C. Hiding information from consumers D. Overcharging customers

Back

Ensuring fair wages and working conditions

7.

FLASHCARD QUESTION

Front

What role do businesses play in promoting innovation?

Back

Businesses invest in research and development.

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