Corporate Social Responsibility (CSR) Practice Test

Question: 1 / 400

How does CSR impact consumer behavior?

Consumers disregard CSR in their decisions

Consumers prefer businesses with no social impact

Consumers are likely to support responsible businesses

The impact of Corporate Social Responsibility (CSR) on consumer behavior is significant, and one of the key insights is that consumers are likely to support responsible businesses. This preference stems from a growing awareness and concern for social, environmental, and ethical issues. Many consumers actively seek out brands that demonstrate commitment to positive social impact, whether it involves sustainable practices, fair labor conditions, or community engagement.

When consumers perceive a company as being responsible and engaged in CSR, they are more inclined to form a favorable attitude toward that brand, leading to higher loyalty and increased purchasing intentions. This trend is particularly evident among younger consumers, who often prioritize ethical practices in their buying decisions.

In contrast to the other options, it's important to note that consumers increasingly consider CSR in their purchasing choices, rejecting businesses that neglect social responsibility or focus solely on profit. As corporate responsibility becomes more integrated into consumer expectations, it plays a critical role in shaping market dynamics and influencing brand reputation.

Get further explanation with Examzify DeepDiveBeta

CSR influences decisions only during financial crises

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy