Businesses are most likely to act in a socially responsible manner because:

Question

Quizplus · Accepted Answer

Consumers have the power to influence businesses by choosing to support socially responsible companies. As a result, businesses may act in a socially responsible manner to meet consumer demand and maintain their reputation. While shareholders may also demand social responsibility, it is not always the case, and the Corporations Law primarily focuses on reporting rather than enforcing social responsibility. Competitors may also influence a business, but it is not the primary reason for acting in a socially responsible manner.

Businesses Are Most Likely to Act in a Socially Responsible