Data Analysts: Driving Innovation and Creativity

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Which of the following is NOT a key contribution of businesses to the community as mentioned in the text?

Increasing the overall wealth and standard of living in the community (correct)

Providing formal and on-the-job training to community members

Developing innovative technologies and applications that improve people's lives

Enhancing the skills of community members through training programs

What is the primary way in which businesses contribute to innovation and creation within and outside their organization?

Organizing data on consumers and their environment

Spreading knowledge through employee training and development (correct)

Developing new products and services

Investing in research and development

Which of the following is an example provided in the text of a business enhancing the skills of community members through training?

A technology company training its employees in artificial intelligence and machine learning

A software company offering coding workshops for high school students in the local community

A restaurant training its employees in cookery, bartending, and management (correct)

A manufacturing plant providing on-the-job training in operating advanced machinery

What is the primary way, according to the text, that businesses contribute to the growth of the economy?

By producing goods and providing services Signup and view all the answers

Which of the following is NOT mentioned in the text as an example of a contribution that has changed people's lives?

Renewable energy technologies Signup and view all the answers

What is the primary way that businesses in a local setting enhance the skills of community members?

By formal and on-the-job training within the business Signup and view all the answers

What is one way local businesses contribute to community development?

Donating to charities and organizing volunteer activities Signup and view all the answers

How do local business events sponsored by businesses impact the community?

Promote a lively community and a sense of belongingness Signup and view all the answers

Which role is NOT mentioned as a need for a local business according to the text?

Event planner Signup and view all the answers

What is the Philippines organization dedicated to uplifting lives through business practices and philanthropy called?

The Uplifting Philippine Organization Signup and view all the answers

How do local businesses contribute to stability and development in their communities?

By promoting a symbiotic relationship between businesses and society Signup and view all the answers

What is one way in which local business organizations participate in uplifting communities during calamities?

Actively engaging in community support and aid efforts Signup and view all the answers

What is one of the ways in which businesses contribute to society?

By providing job opportunities Signup and view all the answers

In what year did the formal business sector employ 7.2 million Filipinos?

2018 Signup and view all the answers

How do wages earned by the workforce of local businesses benefit the community?

By being spent on basic needs and wants Signup and view all the answers

What percentage of the total employed people in the country did the formal business sector employ in 2018?

17.5% Signup and view all the answers

How do business activities impact sectors like agriculture and informal sectors?

By revitalizing them Signup and view all the answers

Why is employment considered crucial for individuals in a community?

To increase income sources Signup and view all the answers