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Week 4: SOCIO-ECONOMIC IMPACT STUDY

Quiz by Camille Garcia-Santiago

Grade 12
Applied Economics
Philippines Curriculum: SHS Specialized Subjects (MELC)

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10 questions
Show answers
  • Q1

    Corporate Social Responsibility (CSR) has become a growing trend among businesses today.

    true
    false
    True or False
    30s
  • Q2

    Anew business, especially one that is innovative and focused on bringing some new product/service to the market, is always welcome to the consumer who is looking value for his money.

    true
    false
    True or False
    30s
  • Q3

    One good way is to innovate the product; you may come up with the new features that are not found in the existing competing goods.

    true
    false
    True or False
    30s
  • Q4

    Anew business will also provide opportunities for the suppliers and investors.

    true
    false
    True or False
    30s
  • Q5

    Demand for the goods provided by the suppliers will decrease.

    false
    true
    True or False
    30s
  • Q6

    New businesses mean employment for the Filipinos.

    true
    false
    True or False
    30s
  • Q7

    Communities benefit from business sponsored activities that include sports fests, and wellness programs, livelihood projects, micro financing, and even medical and dental missions.

    true
    false
    True or False
    30s
  • Q8

    The national government has revenues to finance its projects, to pay government officials, to build schools, to improve the military, to promote peace and order all over the country, to build housing for the poor, and to provide health services and improved welfare programs for the people.

    true
    false
    True or False
    30s
  • Q9

    As long as a new business can provide goods and services, better quality of goods and more options, the consumer cannot benefit from it.

    false
    true
    True or False
    30s
  • Q10

    Acquisition of health and assets can now follow both for the business owners and the employees they hire.

    true
    false
    True or False
    30s

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