Multiple choice

The competitive advantages of a properly implemented CSR are

  1. enhanced access to capital and markets, increased sales and profits, and operational cost savings

  2. improved productivity and quality, efficient human resource base and improved brand image

  3. reputation, enhanced customer loyalty, better decision making and risk management processes

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The competitive advantage(s) of a properly implemented CSR is/are: Integration of environmental management tools into business plans, environmental management standards and eco-labelling Benefits to the community and the general public Improved financial performance Increased sales and customer loyalty Better product durability and functionality Greater use of renewable resources, etc.

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