In the case of corporate social responsibility,costs and benefits are both ______ and ______.

Question

Quizplus · Accepted Answer

Costs and benefits in corporate social responsibility are both economic and social in nature. The costs may include expenses incurred in implementing CSR initiatives, such as investments in sustainable practices, charitable giving, and employee volunteer programs. On the other hand, the benefits may include enhanced brand reputation, customer loyalty, employee engagement, and long-term financial sustainability, which can all have economic and social impacts.

In the Case of Corporate Social Responsibility,costs and Benefits Are