Advocates who defend CSR would most likely argue:
A) That increased regulation and standards may force firms to innovate, and thus add to the competitiveness of an industry.
B) That regulation leads to higher costs and reduced competitiveness.
C) That the amount of competition in an industry would remain unchanged, but the industry would experience tighter profit margins as they matched new regulations.
D) That competition will remain unchanged but profits will increase.
Correct Answer:
Verified
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