There is no benefit to being socially responsible.That is why most Fortune 500 companies ignore CSR programs or have only informal ones in place.

Question

Quizplus · Accepted Answer

This statement is false. There are many benefits to being socially responsible, such as improved reputation, customer loyalty, employee morale, and long-term financial sustainability. Many Fortune 500 companies have formal CSR programs in place, and it is becoming more common and expected for businesses to operate in a socially responsible manner.

There Is No Benefit to Being Socially Responsible