An Academic Question (Scenario)
As a university student, you wonder about some of the practices in the university and just how some of these practices should be evaluated in reference to social issues.
-If someone criticized your university for incurring the cost of being socially responsive, the university might point to a series of studies that indicates that the relationship between corporate social involvement and economic performance is___________ .

Question

Quizplus · Accepted Answer

The university would likely point to studies that indicate a positive relationship between corporate social involvement and economic performance. This is because many studies have shown that businesses that are socially responsible and engage in socially responsible practices often have better financial performance and are more attractive to consumers and potential employees. Therefore, the cost of being socially responsive could be seen as a wise investment in the long-term economic success of the university.