Which one of the following is FALSE as it concerns the merits of why acting in a socially responsible manner is good business?
A) The higher the public profile of a company or brand,the greater the scrutiny of its activities and the higher the potential for it to become a target for pressure group action.
B) Acting in a socially responsible manner nearly always results in higher profits and a higher stock price for shareholders.
C) To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation,a company may win additional patronage.
D) Some employees feel better about working for a company committed to improving society-a condition that can contribute to lower turnover and better worker productivity.
E) Companies with deservedly good reputations for contributing time and money to the betterment of society are better able to attract and retain employees compared to companies with tarnished reputations.
Correct Answer:
Verified
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