Socially responsible activities may be consistent with a firm's long-term profit objective.

Name: Socially responsible activities may be consistent with a firm's long-term profit objective.
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

Socially responsible activities can contribute to building a positive reputation and creating stronger relationships with stakeholders, which can ultimately lead to increased sales and profits in the long-term. Therefore, being socially responsible can be consistent with a firm's long-term profit objective.

Socially Responsible Activities May Be Consistent with a Firm's Long-Term