Why do businesses often want to seem to be "socially responsible" ?

Expert Solution

Ans.

Benefits for a business for being Socially reponsible are-

It creates a positive image of the company/business in the market.because of this more customers gets generated and increase in demand occurs and builds customer loyalty.
Employees of a business can use the business resources to do good.- because these companies tries to employ workers who are there to make a change in the world .
It increases the morale of the employee, which can lead to increase in productivity.
Increases the employee's satisfaction.
Example- working on new technology to reduce the carbon emission, to make the environment cleaner.

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Rahul Sunny answered 2 years ago

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