Which of the following is a way for businesses to demonstrate their social responsibility?

Study for the FBLA Intro to Business Concepts Test. Boost your knowledge with flashcards and multiple choice questions, each question provides hints and explanations. Ace your exam preparation!

Businesses can demonstrate their social responsibility by giving fair wages to employees. This approach reflects a commitment to ethical treatment and consideration of the workforce's well-being. By ensuring that employees are compensated fairly, organizations contribute positively to their lives, which can lead to increased job satisfaction, higher morale, and improved productivity. This practice fosters a sense of loyalty and trust between the employer and employees, enhancing the company's reputation and societal standing.

Giving fair wages aligns with the broader concept of corporate social responsibility, which emphasizes the importance of ethical practices and considerate treatment of all stakeholders, including employees. In doing so, businesses not only fulfill their obligations to their staff but also set an example for accountability and fairness in their industry.

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