It doesn't cost much for a corporation to be a "good citizen" in the community and the benefits will be repaid many times over, according to the public relations manager of US WEST Communications.
Carol Dunlap, one of the many speakers during Utah Business Week at Utah State University, said businesses can be good citizens by donating to non-profit organizations and getting involved in many community-oriented activities.Dunlap said there are many things that business can do to help Utah have a healthy economy, including supporting the arts, education and recreation. In cases where communities cannot afford recreation programs, business can help with money and volunteers can help with their time.
Support for arts festivals, dance, theater, science, golf tournaments and other community-oriented activities are important to the overall economic structure, Dunlap said. And because some communities cannot afford to have the above activities the activities must be taken to them.
Meanwhile, 220 high school students are learning business concepts this week. One of these is Matt Ol-droyd, who will be a senior at Olympus High School in September.
Oldroyd said the students are playing a business game that divides them into companies and each company is divided into three different firms competing against each other.
His company chose a fictitious product such as a drinking cup that cools and heats itself and it's the company's role to produce and sell the cups. A computer gives the students a certain amount of money and they decide how much to spend on marketing, production, research and development and plant investment.
Playing this game, Oldroyd said, taught him inventory control and the balance between marketing and production.
From the speakers this week Ol-droyd has learned how the American free enterprise system compares with economic programs in other countries. Oldroyd is working toward a master in business administration degree in college and eventually wants to work in a big corporation.