All of the following are arguments in favor of social responsibility except: Select one: a. Corporate action to cure social problems makes some government regulation of corporate activity unnecessary. b. Results of social action are difficult to measure in terms of the bottom line. c. Societal improvement is good for business. d. It is cheaper to prevent problems than to cure them.

Question

Business

Rocco Rhodes

1 November, 13:18

All of the following are arguments in favor of social responsibility except: Select one: a. Corporate action to cure social problems makes some government regulation of corporate activity unnecessary. b. Results of social action are difficult to measure in terms of the bottom line. c. Societal improvement is good for business. d. It is cheaper to prevent problems than to cure them.

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Answers (1)

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Rashad Kim · Answer 1

Option B

Explanation:

In simple words, Social accountability requires that companies will behave in a way that promotes community in order to increase the shareholder interest. lnvestors as well as customers looking for projects which are not really successful but also commit to the health of people and the ecosystem are becoming progressively crucial for public accountability.

Thus, from the above we can conclude that the correct option is B.