Which One of the Following Is False as Concerns the Merits

question 36

Multiple Choice

Which one of the following is false as concerns the merits of why acting in a socially responsible manner is "good business"?

• A) Companies with good reputations for contributing time and money to bettering society are better able to attract and retain employees compared to companies with tarnished reputations.
• B) There is a high correlation between socially responsible behavior that addresses social issues and a firm's competitive advantage and financial performance.
• C) To the extent that a company's socially responsible behavior wins applause from consumers and fortifies its reputation, a company may win additional patronage.
• D) Operating in a socially responsible manner protects the company from consumer, environmental, and human rights activist groups that are quick to criticize businesses whose behavior they consider to be out of line.
• E) Well-conceived social responsibility strategies help avoid or preempt legal and regulatory actions that could prove costly to the company.