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c. Social-economic goals
The statement describes Naledi's business sponsoring a local arts and culture program for youth. This action is a form of corporate social responsibility or community engagement. These activities are undertaken by businesses to contribute positively to society and the local economy, beyond their direct profit-making activities.
Therefore, sponsoring a local arts and culture program for youth best describes a social-economic goal of the business.
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Question 13: The statement describes Naledi's business sponsoring a local arts and culture program for youth.
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.