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Which of the following statements about the relationship between CSR and financial performance is true? a. Studies conducted at the Drucker Institute demonstrated conclusively that
Which of the following statements about the relationship between CSR and financial performance is true?
a. | Studies conducted at the Drucker Institute demonstrated conclusively that organizations with superior reputations always enjoy superior financial performance. | |
b. | In general, consumers are more concerned with saving money than saving the planet, so they typically buy goods from the cheapest source, not the organization that engages in CSR. | |
c. | More often than not, an organizations CSR actions consume financial and other resources, which detracts from profits and lowers the organizations financial performance. | |
d. | Most people want to work for ethically run companies, so socially responsible organizations can choose to hire the best and the brightest, who in turn may guide these organizations to financial success |
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