Checkup 3 Flashcards
Businesses contribute to community affairs only because their contributions are tax deductible. (T or F)
False
The total productivity of a country is important, but the productivity of individuals is of little importance. (T or F)
False
Because a corporation is acknowledged as a legal entity, it can operate without people. (T or F)
False
A business is usually established to provide for the social needs of the _________________.
community
The primary way for a firm to serve the community is to be _______________.
productive
Businessmen seldom participate in service clubs.
False
_________ favor contributions by business to community affairs.
Legislators
Contributions by businessmen because of their concern for mankind are an example of __________________.
philanthropy
Business often contribute to: e_________, c________, s________, and r_________ organizations.
educational, charitable, scientific, religious
Business frequently donate u__________, e__________, and m_________ to civic organizations.
use of facilities and materials, employee time, and money
Contributions by business to a museum is an example of supporting ______________ activity.
cultural
Businesses support education by ____________ the contributions of their ____________.
matching; employees
Contributions to community affairs by businesses enhances their _________ and encourages _____________.
image; patronage
