can companies benefit from having better moral awareness and moral judgement even if their cost rises...

can companies benefit from having better moral awareness and moral judgement even if their cost rises as a result? How?

Expert Solution

Yes, companies benefits from having better moral awareness and moral judgement even though cost increases.

Good moral awareness and judgement improve the companies ethics thus helps to maintain the good relationship with different stakeholders and shareholders which ultimately increases the company profits.

Moral awareness and judgement in the companies boost the brand image of the companies products and services which eventually improve the sales thereby increase the profits to the company.

Therefore, even though there is rise in cost due to moral awareness and judgement company will be benefitted by by making good profits and good customer relations.

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keosha answered 2 years ago

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