What is the following is true of ethics and social responsibility in business?
A)Ethical conduct and corporate social responsibility are linked to increased profits.
B)Businesses do not need to consider social values in the contemporary scenario.
C)Investors and retired employees remain unaffected in case of scandals.
D)Businesses' reputations depend solely on their profits.
E)Business misconduct is likely to be widely excused if it enhances firms' profits.

Question

Quizplus · Accepted Answer

Ethical conduct and corporate social responsibility can lead to increased profits by building a positive reputation, fostering customer loyalty, and potentially avoiding legal issues, all of which can contribute to a company's financial success.

What Is the Following Is True of Ethics and Social