Question

Marianne has opened a jewelry shop in your community and sources precious gems and metals only from Canada rather than Africa. Her rationale for her CSR and environmentally sustainable business practices includes all of the following EXCEPT
Select one:
A. reducing her exposure to the risk of reputation-damaging incidents.
B. increasing buyer patronage.
C. lowering costs and enhancing employee recruiting and workforce retention.
D. shortening the supply chain.
E. creating opportunities for revenue enhancement and best long-term profits for shareholders.

Answer 1

Answer:

A. reducing her exposure to the risk of reputation damaging clients.

Explanation:

CSR otherwise known as corporate social responsility is a self act by a company aimed at contributing to the development of the society or environment where the company operates. It is a volunteering and philanthropic .

Companies have now been factoring CSR into their business model because it helps them to be socially responsible and accountable. Most consumers are now beginning to check on companies who does CSR before choosing their brand.

Examples of CSR includes provision of health care facilities to the environment where the company operates, provision of scholarships to students of the host community, sponsoring events, employing people withing the community etc.

The impact of CRS and environmentally sustaining business includes but not limited to

- positively building a company's image

- increasing buyer patronage

-shortening the supply chain

-lowering cost and enhancing employee recruiting and workforce retention.