1. Partnerships are formed for a specific purpose or advocacy which is to serve the common good of the public

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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III. Write True on the space if the statement is correct. If it is false, explain why it is so. 

1. Partnerships are formed for a specific purpose or advocacy which is to serve the common good of the public.

2. Corporate social responsibility is a business concept that focuses on measurable business value by identifying and addressing social problems that affect the business.

3. Common cultural assumptions include the taken-for- granted truths that exist mostly in the unconscious level and are shared by the members of an organization as a result of their collective experience with the organization.

4. Small enterprises in the Philippines require a capitalization of P3 000 000.00 and have 10 to 99 employees.

5. Compliance-based culture focuses on a particular set of values rather than a set of rules.

6. Buddhism consists of a rigid system of beliefs that sets the customs of its followers.

7. The habit of bahala na leads one to put off until tomorrow what he or she can do today.

8. Nonprofit organizations are considered part of civil society organizations that work together with the government in delivering social services to the people and communities.

9. Nonprofit organizations are considered part of civil society organizations that work together with the government in delivering social services to the people and communities

10. The three types of economic systems are communism socialism, and free enterprise.

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