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Questions and Answers
What is the purpose of using part of available funds to finance social projects?
What can help a company become more aware of changing consumer tastes and preferences?
What is one benefit of being a socially responsible company mentioned in the text?
Which social responsibility strategy involves allowing a condition or problem to go unresolved until it becomes public knowledge?
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What may happen even if a company is acting in a socially responsible way?
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How can socially responsible companies benefit from investor preferences?
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Which strategy involves a company going beyond what is legally and ethically required?
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What could be a cost associated with socially responsible actions as mentioned in the text?
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Why might companies face fewer legislative controls on their business activities if they are socially responsible?
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What is a key component of a social audit as outlined in the text?
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How can consumers have better access to information, as mentioned in the text?
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Which strategy involves trying to minimize or avoid additional obligations?
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