Describe Three Ways That Being Socially Responsible Can Financially Benefit

question 89

Essay

Describe three ways that being socially responsible can financially benefit an organization's shareholders.

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Definitions:

Wholly Owned

Refers to a business entity where 100% of the shares are owned by a single parent company.

Wholesaling Activities

Business operations involved in the sale of goods in large quantities at low prices, typically to retailers or professional buyers.

Manufacturer's Branches

Outlets or offices established by manufacturers in different locations to improve distribution and provide customer service.

Food Broker

An intermediary who connects food producers with buyers, typically in the retail or food service sectors.