Beyond the practical impact of helping society, why should businesses care about social impact?Group of answer choicesBrand recognition/awarenessAttracting customersEngaging employeesAll of the above

How can organizations promote corporate social responsibility?*a. Address community needs and concerns for business gainb. Implement fair labor practices and supply chain ethicsc. Increase transparency about other organizational actionsd. Decrease unethical practices for short-term gains

Which statement best summarizes the advice to successfully incorporate social impact in your business?Group of answer choicesDiscover how to best create social impact for your organization and select a clear route that sets you apart.Not all companies should invest in social impact.The social innovator archetype is the ideal, but some businesses start from another archetype and work their way up.Minimize PR costs and maximize impact.

Required informationSkip to questioniSeeIt!: Corporate Social Responsibility This brief video describes the role of a business in relation to its environment. This concept is referred to as Corporate Social Responsibility. This activity is important, because businesses are often viewed and judged by consumers and the community for their overall ability to positively impact the environment through social programs, ethically sourced products, and hiring practices. The goal of this exercise is to demonstrate your understanding of the actions that lead toward a positive public image and good corporate citizenship. Click the ► button to watch the video. Then, answer the questions that follow. When companies follow the key factors of Corporate Social Responsibility, a ________ usually results, thus ________.Multiple Choicepositive public image; repelling more customersnegative public image; attracting more customersnegative public image; repelling more customerstax benefit; increasing profitspositive public image; attracting more customers

Practices and policies that a business may implement to take an active and positive social role in the world.Group of answer choicesCorporate Social ResponsibilityCommodity tradingSubsidiaryInternational accountability

What could be a stumbling block for business that fall under the social innovator archetype?Group of answer choicesReacts to external pressures.May add additional costs to business.Social impact and business metrics may compete.Includes potentially costly regulatory affairs and PR functions.