Reference no: EM131088195

For this quiz, in 100-200 words, explain why companies engage in socially responsible actions. Specifically, answer the question: Do companies engage in social responsible actions because it is good business practice, because it can increase profits or both? While this answer is partially your opinion, you must also provide examples. For example if you say it is because it is good business practice, please provide an example (with a reference) that illustrates your point. If you say because it can increase profits, again, provide an example (with a reference). The reference can be from the text or from an online source. But the source MUST be valid, e.g., not a wiki, blog or opinion piece.