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- MGMT Chapter 4 Flashcards - Quizlet
Which of the following statements about social responsibility and economic performance is true? A social responsibility can sometimes create significant costs for a company B social responsibility guarantees profitability C defensive, accommodative, and proactive strategies result in profitability and social responsibility
- Select the statement below that is false regarding corporate - Studocu
The false statement regarding corporate social responsibility is: Philanthropy by a business always benefits the shareholders of the company Explanation Corporate Social Responsibility (CSR) is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public
- Solved Question content area topPart 1Which of the following - Chegg
Which of the following statements is false? A negative correlation exists between a company's profitability and its reputation for ethical, socially responsible behavior When companies' products' price, service, and quality are equivalent, customers will purchase from the company that has the best reputation for social responsibility
- [FREE] Which of the following statements is true regarding the . . .
The correct statement regarding the relationship between social responsibility and economic performance is that there is a small, positive relationship that strengthens with a company's reputation for being socially responsible
- MGMT 325 - Ch 3 Quiz Flashcards | Quizlet
Which of the following statements is true about corporate social responsibility? Both of these answers are correct: -Businesses should monitor and prevent social problems in advance of their becoming major issues -Corporations should be accountable for any actions that affect people, their communities, and the environment
- Unit 20: Business Ethics - Pearson qualifications
Business ethics is essentially concerned with the right and wrong ways of conducting business You should encourage your learners to investigate the CSR policies and initiatives of major corporations whose business behaviour is not acceptable or ethical
- The Balancing Act: Profit, Ethics, and Social Responsibility in Business
Businesses that excel in this area recognize that profitability and ethics are not mutually exclusive Instead, they understand that ethical behavior can lead to long-term profitability by fostering trust, enhancing reputation, and attracting socially conscious customers and investors
- What do studies show about the relationship between social . . .
Studies show that social responsibility initiatives are linked to improved business performance and profitability Companies that embrace corporate social responsibility often see enhanced public perception, customer loyalty, and ultimately higher profits
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