Which of the following is a reason that a business might engage in activities that are less profitable to itself but which are beneficial to society?

Question

Quizplus · Accepted Answer

All the options listed are valid reasons a business might engage in activities that are less profitable but beneficial to society. Expectations of future legislation can motivate a business to adapt early to avoid future costs or penalties. Enlightened self-interest recognizes that what is good for society can ultimately benefit the company, perhaps through improved reputation or customer loyalty. Publishing results to pressure competitors can be a strategy to elevate industry standards, benefiting society while potentially creating a competitive advantage.

Which of the Following Is a Reason That a Business