A business should endeavor to be socially responsible in its actions and conduct under what set...
A business should endeavor to be socially responsible in its actions and conduct under what set of circumstances?
Multiple Choice
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1) increased competitive advantage; (2) lowering the legal fees to handle reputation-damaging incidents; (3) pursuing internal benefits such as improved efficiency and workforce retention; (4) pursuing shareholder benefits based on high correlations between CSR and stock price and other measures of financial performance.
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1) increased buyer patronage; (2) increasing the risk of reputation-damaging incidents; (3) pursuing internal benefits such as punishing staff for misdeeds; (4) pursuing shareholder benefits based on high correlations between CSR and stock price and other measures of financial performance.
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1) increased buyer patronage; (2) lowering the legal fees to handle reputation-damaging incidents; (3) pursuing internal benefits such as improved efficiency and workforce retention; (4) pursuing shareholder benefits based on high correlations between CSR and stock price and other measures of financial performance.
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(1) reduced buyer patronage; (2) increasing the risk of reputation-damaging incidents; (3) pursuing internal benefits such as punishing staff for misdeeds; (4) pursuing shareholder benefits based on high correlations between CSR and stock price and other measures of financial performance.
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(1) increased buyer patronage; (2) reducing the risk of reputation-damaging incidents; (3) pursuing internal benefits such as improved efficiency and workforce retention; (4) shareholder benefits based on apparent correlations between CSR and stock price and other measures of financial performance.
Homework Answers
Option E. (1) increased buyer patronage; (2) reducing the risk of reputation-damaging incidents; (3) pursuing internal benefits such as improved efficiency and workforce retention; (4) shareholder benefits based on apparent correlations between CSR and stock price and other measures of financial performance.
Explanation: CSR helps a firm improve its reputation among its customers.Also, it helps in dealing with reputation-damaging incidents. It also helps a firm improve the efficiency of its workforce. Moreover, shareholders are also benefited due to higher stock prices.
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