Question

Proponents of corporate social responsibility strongly believe in benevolence; however, they still want their businesses to be profitable. In the long run, they believe

Multiple Choice

1. benevolence can lead to a vote of no confidence by company stakeholders.

2. CSR can lead to even more profits.

3. firms should take added caution not to support government programs that protect the environment.

4. the fastest way to demoralize your stakeholders is to spend too much money supporting social issues, such as having employees assist in community efforts.

Answer 1

Proponents of corporate social responsibility believe that CSR can lead to even more profits by engaging in socially responsible actions.

Step-by-step explanation:

Proponents of corporate social responsibility strongly believe in benevolence while also aiming for their businesses to be profitable. They believe that in the long run, CSR can lead to even more profits. By engaging in socially responsible actions, such as supporting social issues and community efforts, businesses can enhance their reputation, attract more customers, and create a positive image in the market.