Advocates of corporate social responsibility assert that businesses have the resources and obligation to act in socially responsible ways, and that it decreases the need for restrictive government regulation, improves the public image of business, and may improve or determine long-run profits.

Question

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Advocates of corporate social responsibility believe that businesses should act in socially responsible ways, which could lead to benefits such as reducing the need for government regulation, enhancing the public perception of the business, and potentially increasing profits in the long run.

Advocates of Corporate Social Responsibility Assert That Businesses Have the Resources