Socially responsible businesses tend to have weaker long-term economic performance.

Name: Socially responsible businesses tend to have weaker long-term economic performance.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is false. Studies have shown that socially responsible businesses can have stronger long-term economic performance due to factors such as a positive brand reputation, better employee retention, and increased customer loyalty. Additionally, implementing sustainable practices can lead to cost savings over time.

Socially Responsible Businesses Tend to Have Weaker Long-Term Economic Performance