Perhaps the most pragmatic reason for business to be socially responsible is that assuming a social responsibility

Question

Quizplus · Accepted Answer

Assuming social responsibility can help businesses avoid government intervention and regulation, which can be costly and time-consuming. By voluntarily taking action to address social and environmental concerns, businesses can demonstrate their commitment to doing the right thing and avoid the need for mandatory regulations. Additionally, socially responsible businesses may be more attractive to socially conscious consumers and investors, which can translate into financial benefits in the long run.

Perhaps the Most Pragmatic Reason for Business to Be Socially