Concepts of Business Communities (Grade 11 NSC Matric Business Studies): Quizzes

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Concepts of Business Communities
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What is business citizenship commonly known as?

Corporate Social Responsibility (CSR)

What is the main purpose of business citizenship?

Improve living standards & quality of life

Which Act must companies follow for legal compliance?

BBBEE Act (No. 53 of 2003)

How does social involvement help attract stakeholders?

Appeals to ethical investors & customers

Why do businesses provide skills development programmes?

Communities lack qualified workers

What is one of the most direct ways businesses contribute to communities?

Creating job opportunities

How do tax payments help communities?

Help govt maintain infrastructure & services

What do global markets increasingly demand from businesses?

Demonstrate social responsibility

What balance must successful business citizenship achieve?

Shareholder expectations & community needs

How does entrepreneurship support strengthen communities?

Helps members start own enterprises

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