Which of the following is true regarding the relationship between social responsibility and economic performance?

Select one:

a.

Social responsibility has been shown to have a weak negative effect on firms' economic performance because of the costs associated with diverting time, money, and attention from maximizing profits to social causes.

b.

Social responsibility has been shown to have a strong positive effect on firms' economic performance because customers are willing to pay higher prices for products and services that are socially responsible.

c.

No significant relationship has been found; social responsibility has not been shown to impact firms' economic performance either negatively or positively.

d.

There is a small, positive relationship between being socially responsible and economic performance that gets stronger when the company has a reputation for being socially responsible.