Podcast
Questions and Answers
What is the corporate responsibility that involves donating money or products and services to society?
What is the corporate responsibility that involves donating money or products and services to society?
- Legal responsibility
- Discretionary/Philanthropic responsibility (correct)
- Financial responsibility
- Operational responsibility
Which aspect of corporate social responsibility is highlighted as seeking and retaining talented employees?
Which aspect of corporate social responsibility is highlighted as seeking and retaining talented employees?
- Planet Importance
- Increased Brand Awareness
- People Importance (correct)
- Good Business Reputation
What is the financial benefit realized when expenditures, costs, and taxes are exceeded by the income earned from a business operation?
What is the financial benefit realized when expenditures, costs, and taxes are exceeded by the income earned from a business operation?
- Discretionary budget
- Operational income
- Corporate tax
- Net profit (correct)
In the context of CSR, which factor is considered an advantage over competitors?
In the context of CSR, which factor is considered an advantage over competitors?
What is the traditional way of measuring corporate benefits mentioned in the text?
What is the traditional way of measuring corporate benefits mentioned in the text?
Which corporate responsibility involves managing money and assets in business?
Which corporate responsibility involves managing money and assets in business?
What is identified as the main obstacle to creativity?
What is identified as the main obstacle to creativity?
What is the key to gaining confidence to take on new challenges and opportunities?
What is the key to gaining confidence to take on new challenges and opportunities?
How is creativity described in the text?
How is creativity described in the text?
What does the 'improvisation habit' involve according to the passage?
What does the 'improvisation habit' involve according to the passage?
How can individuals practice improvisation according to the text?
How can individuals practice improvisation according to the text?
What is highlighted as a natural ability that all individuals possess regarding improvisation?
What is highlighted as a natural ability that all individuals possess regarding improvisation?
What is one of the ways entrepreneurship contributes to national income?
What is one of the ways entrepreneurship contributes to national income?
How does entrepreneurship lead to societal change according to the text?
How does entrepreneurship lead to societal change according to the text?
What role does entrepreneurship play in job creation?
What role does entrepreneurship play in job creation?
How does entrepreneurship influence the entrepreneur's earnings?
How does entrepreneurship influence the entrepreneur's earnings?
What is one motivation for entrepreneurship mentioned in the text?
What is one motivation for entrepreneurship mentioned in the text?
How does increased employment benefit from entrepreneurship?
How does increased employment benefit from entrepreneurship?
What is the primary duty of a company according to the text?
What is the primary duty of a company according to the text?
Which term refers to a form of self-regulation integrated into a business model?
Which term refers to a form of self-regulation integrated into a business model?
What is the significance of legal responsibility for a company?
What is the significance of legal responsibility for a company?
Which type of responsibility involves establishing norms and values that reflect fairness to stakeholders?
Which type of responsibility involves establishing norms and values that reflect fairness to stakeholders?
What does economic responsibility of a company lead to, according to the text?
What does economic responsibility of a company lead to, according to the text?
Which term is NOT used as a synonym for Corporate Social Responsibility (CSR) in the text?
Which term is NOT used as a synonym for Corporate Social Responsibility (CSR) in the text?
What is a key characteristic of entrepreneurship mentioned in the text?
What is a key characteristic of entrepreneurship mentioned in the text?
How does entrepreneurship differ from other small businesses according to the text?
How does entrepreneurship differ from other small businesses according to the text?
What does it mean when the text says entrepreneurship is 'based on principles, not on intuition'?
What does it mean when the text says entrepreneurship is 'based on principles, not on intuition'?
Why is risk bearing considered an inherent element of entrepreneurship?
Why is risk bearing considered an inherent element of entrepreneurship?
How does entrepreneurship contribute to stimulating the economy according to the text?
How does entrepreneurship contribute to stimulating the economy according to the text?
What differentiates entrepreneurial ventures from other small businesses?
What differentiates entrepreneurial ventures from other small businesses?