Which of the following statements regarding the relationship between social responsibility and financial performance is NOT true?
A) High performance in social responsibility can be associated with strong financial performance.
B) At worst, strong corporate social responsibility has no adverse impact on financial performance.
C) Recent evidence suggests that corporate social responsibility leads to improved financial performance that, in turn, leads to additional socially responsible actions.
D) High performance in social responsibility is seldom, if ever, associated with strong financial performance.
E) Businesses can serve the public good and a broad pool of stakeholders as well as advance the financial interests of their shareholders.
Correct Answer:
Verified
Q46: Which of the following statements does NOT
Q47: The defensive strategy of social responsibility meets
Q48: Corporate social responsibility is reflected in the
Q49: _ refers to an organisation's obligation to
Q50: Corporate social responsibility is defined as an
Q52: _ should act as ethical role models
Q53: A social audit is:
A) a systematic assessment
Q54: An organisation is meeting its ethical responsibility
Q55: Which of the following arguments is NOT
Q56: The text identifies several criteria for evaluating
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