Podcast
Questions and Answers
Which of the following is NOT a key contribution of businesses to the community as mentioned in the text?
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?
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?
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?
What is the primary way, according to the text, that businesses contribute to the growth of the economy?
Which of the following is NOT mentioned in the text as an example of a contribution that has changed people's lives?
Which of the following is NOT mentioned in the text as an example of a contribution that has changed people's lives?
What is the primary way that businesses in a local setting enhance the skills of community members?
What is the primary way that businesses in a local setting enhance the skills of community members?
What is one way local businesses contribute to community development?
What is one way local businesses contribute to community development?
How do local business events sponsored by businesses impact the community?
How do local business events sponsored by businesses impact the community?
Which role is NOT mentioned as a need for a local business according to the text?
Which role is NOT mentioned as a need for a local business according to the text?
What is the Philippines organization dedicated to uplifting lives through business practices and philanthropy called?
What is the Philippines organization dedicated to uplifting lives through business practices and philanthropy called?
How do local businesses contribute to stability and development in their communities?
How do local businesses contribute to stability and development in their communities?
What is one way in which local business organizations participate in uplifting communities during calamities?
What is one way in which local business organizations participate in uplifting communities during calamities?
What is one of the ways in which businesses contribute to society?
What is one of the ways in which businesses contribute to society?
In what year did the formal business sector employ 7.2 million Filipinos?
In what year did the formal business sector employ 7.2 million Filipinos?
How do wages earned by the workforce of local businesses benefit the community?
How do wages earned by the workforce of local businesses benefit the community?
What percentage of the total employed people in the country did the formal business sector employ in 2018?
What percentage of the total employed people in the country did the formal business sector employ in 2018?
How do business activities impact sectors like agriculture and informal sectors?
How do business activities impact sectors like agriculture and informal sectors?
Why is employment considered crucial for individuals in a community?
Why is employment considered crucial for individuals in a community?
