Even if socially responsible business practices are costly, firms must perform them anyway.

Question

Quizplus · Accepted Answer

Socially responsible business practices may come at a cost, but it is important for firms to perform them to maintain a positive image, attract customers and employees who value social responsibility, and contribute to overall societal well-being. Failing to do so could lead to reputational damage and long-term financial risks.

Even If Socially Responsible Business Practices Are Costly, Firms Must