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Question

Social responsibility leads to better opportunities for doing business.


A

True

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B

False

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Solution

The correct option is A

True


True. The potential benefits of CSR to companies include:

  • better brand recognition.
  • positive business reputation.
  • increased sales and customer loyalty.
  • operational costs savings.
  • better financial performance.
  • greater ability to attract talent and retain staff.
  • organisational growth.
  • easier access to capital.

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