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Business and Society Relationship Quiz
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Business and Society Relationship Quiz

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Questions and Answers

How does a business enhance the economy of a society?

  • By increasing poverty levels, which promotes entrepreneurship
  • By decreasing the taxation levels in a local community
  • By isolating themselves from the society to avoid external influence
  • By providing incomes that can be spent, thus boosting the economy (correct)

    • What is the role of businesses in a society's economy?

  • Creating growth and innovation within the society (correct)
  • Isolating themselves from the society for better control
  • Promoting poverty as a means of reducing competition
  • Decreasing the level of taxation for the local community

    • How does a business act as a social platform?

  • By providing a place for interaction and fostering a sense of community (correct)
  • By increasing the taxation levels for the local community
  • By isolating members of society, maintaining a professional environment
  • By employing members of the society and providing them with incomes

    • What is the influence of society's needs and values on a business?

    <p>Businesses are influenced by society's needs and values</p> Signup and view all the answers

    How do society's environmental concerns impact businesses?

    <p>By pressuring businesses to protect the environment through media</p> Signup and view all the answers

    How do businesses contribute to poverty reduction?

    <p>By employing members of the society and providing them with incomes</p> Signup and view all the answers

    How can a society persuade a business not to damage the environment?

    <p>By leveraging social responsibility and consumerism</p> Signup and view all the answers

    What influence can businesses have on a society's behavior patterns?

    <p>Significant influence</p> Signup and view all the answers

    Which of the following best describes the interdependence between businesses and society?

    <p>Businesses and society have a mutual influence on each other</p> Signup and view all the answers

    How can a society's prosperity be affected by a business's success?

    <p>By businesses providing employment opportunities</p> Signup and view all the answers

    Which of the following is not considered a sphere of social responsibility?

    <p>Price fixing</p> Signup and view all the answers

    What is the primary concern of consumerism in relation to businesses?

    <p>Protecting consumers against unsafe products and malpractices</p> Signup and view all the answers

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