Question

Being socially responsible is not only the right thing to do; it can distinguish a company from its industry peers.

A) True
B) False

Answer 1

Being socially responsible can distinguish a company from its industry peers.

Step-by-step explanation:

The statement is true. Being socially responsible is not only the right thing to do, but it can also distinguish a company from its industry peers. Social responsibility refers to a company's efforts to act ethically and contribute to the welfare of society and the environment. By implementing socially responsible practices, companies can build a positive reputation, gain the trust of customers and investors, and differentiate themselves in the competitive market.