Week7 Class flashcard: Importance of businesses in Society
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
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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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