Asked by Emily Chang on Sep 26, 2024
Verified
Which of the following is not typically a benefit for socially responsible organizations?
A) Attracting socially conscious investors
B) Swaying public opinion against government intervention
C) Retention of more talented employees
D) Short-term cost savings
E) Tax-free incentives to employees
Socially Responsible Organizations
Organizations that operate in a manner that enhances society and the environment, beyond the interests of the company and legal requirements.
Tax-free Incentives
Financial benefits provided without tax liability, designed to encourage specific behaviors or investments.
- Gain an understanding of the essential doctrines and controversies related to corporate social responsibility (CSR).
- Learn about the potential benefits and challenges of being a socially responsible organization.
Verified Answer
KR
Kishan Rathour2 days ago
Final Answer :
D
Explanation :
While socially responsible organizations can see benefits such as attracting socially conscious investors, swaying public opinion against government intervention, retention of more talented employees, and potentially tax-free incentives to employees, short-term cost savings are not typically a benefit. Socially responsible practices often require investments in sustainability, employee well-being, and community outreach, which may have higher short-term costs but can lead to long-term benefits and positive impact.
Learning Objectives
- Gain an understanding of the essential doctrines and controversies related to corporate social responsibility (CSR).
- Learn about the potential benefits and challenges of being a socially responsible organization.
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