Incentivizes customers to pay a premium price
Social responsible are ways for companies to extend their exclusivity and added value, thus lowering risk, improving profitability, and justifying a premium price. The stakeholders see this as an advantage, encouraging new investors and raising the valuation of the business.
Consumers believe that all businesses must be socially responsible and make that a top criteria for selecting a solution source. Thus, being socially responsible will help companies in long time.
I also prefer to invest in socially responsible companies.
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