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Assessment
What is a primary goal of social responsibility initiatives in organizations?
To maximize profit at all costs
To improve the quality of life in communities
To eliminate all competition
To create monopolistic market structures
Which of the following is an example of a social responsibility initiative?
Implementing environmentally friendly practices
Cutting costs by lowering employee wages
Increasing the price of essential goods
Outsourcing jobs to avoid local labor laws
Why might a company engage in social responsibility initiatives?
To avoid paying taxes
To enhance brand reputation and customer loyalty
To deceive stakeholders
To increase product prices unfairly
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