asked 29.9k views
2 votes
How can service, fraternal, cultural, and ethnic associations benefit a business?

A) By providing financial investments
B) By offering marketing strategies
C) By providing business contacts through volunteerism
D) By regulating business ethics

asked
User Hella
by
7.9k points

1 Answer

5 votes

Final answer:

Service, fraternal, cultural, and ethnic associations benefit businesses by providing networking opportunities, improving reputation, and expanding customer base.

Step-by-step explanation:

Service, fraternal, cultural, and ethnic associations can benefit a business in several ways. Firstly, these associations provide opportunities for socializing and networking, allowing businesses to make valuable business contacts through volunteering and participating in events.

This can lead to new partnerships, collaborations, and potential customers. Secondly, these associations often perform community service activities and support charitable causes, which can improve a business's reputation and enhance its brand image. Lastly, by promoting diversity and inclusivity, these associations can attract a wider customer base and help businesses reach new markets.

answered
User RagingSloth
by
8.1k points
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