Multiple Choice
Which one of the following is false as concerns the merits of why acting in a socially responsible manner is "good business"?
A) Companies with good reputations for contributing time and money to bettering society are better able to attract and retain employees compared to companies with tarnished reputations.
B) There is a high correlation between socially responsible behavior that addresses social issues and a firm's competitive advantage and financial performance.
C) To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation, a company may win additional patronage.
D) Operating in a socially responsible manner protects the company from consumer, environmental, and human rights activist groups that are quick to criticize businesses whose behavior they consider to be out of line.
E) Well-conceived social responsibility strategies help avoid or preempt legal and regulatory actions that could prove costly to the company.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Unethical managerial behavior tends to be driven
Q31: Explain the difference between ethical universalism and
Q39: Which of the following is NOT something
Q40: Which of the following is NOT something
Q41: A company's strategy needs to be ethical
Q48: A company's social responsibility strategy typically comprises
Q55: The school of ethical universalism holds that<br>A)concepts
Q58: Visible costs that are incurred by companies
Q62: Why are well-conceived CSR strategies and sustainable
Q107: According to the advocates of ethical relativism,<br>A)if