Question

5) .

Socially Responsible Investing is decreasing in popularity as a result of its lower profitability.

Group of answer choices

True

False

6)  

Businesses that sell manufactured goods can require suppliers to adhere to the Fair Labor Association Workplace Code of Conduct and the standards of the International Labor Organization to help maintain ethical sourcing of the goods they market.

Group of answer choices

True

False

Answer 1

True

Socially responsible investing is all about caring about the society and community in which we work. It ensures we owe a responsibility towards the society and community even if it means the profit is lower. Hence many companies are not willing to do this since profitability will be reduced. There are only selected few companies which are doing this in the corporate world today. Hence the popularity is decreasing due to lower profitablity

True

Companies today are ensuring suppliers are also adhering to the fair labor association workplace code of conduct and the standards of ILO. Since suppliers work for the main firm to whom they supply the reputation of the firm is also at stake. Hence firms implement that all such labor laws standards should be followed by the suppliers also.