Which of the following statements is accurate? A. Firms that engage in ethical practices are always socially responsible. B. To align personal and corporate goals, firms need to have a strong ethical climate exemplified by the actions of corporate leaders and filtered through an ethically based corporate culture. C. Socially responsible firms automatically engage in ethical practices. D. Firms consider ethics and social responsibility to be unrelated concepts. E. Firms are not socially responsible because consumers will not pay more for it.

Question

Business

Chance Fry

28 September, 00:03

Which of the following statements is accurate? A. Firms that engage in ethical practices are always socially responsible. B. To align personal and corporate goals, firms need to have a strong ethical climate exemplified by the actions of corporate leaders and filtered through an ethically based corporate culture. C. Socially responsible firms automatically engage in ethical practices. D. Firms consider ethics and social responsibility to be unrelated concepts. E. Firms are not socially responsible because consumers will not pay more for it.

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Answers (1)

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Malia Fernandez · Answer 1

(C) Socially responsible firms automatically engage in ethical practices.

Explanation:

Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. Examples of social responsibility marketing strategies includes: recyclable packaging, promotions that spread awareness of societal issues and problems, and directing portions of profits toward charitable groups or efforts.