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A) Justify two reasons why businesses should practice social responsibility (2 marks) b) Examine two challenges a business may face when carrying out social responsibility activities. (2 marks)

Business/Management

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Here are the answers to the questions, formatted as requested:

Part a· 2 steps

Justify two reasons why businesses should practice social responsibility (2 marks)

  1. Enhanced Reputation

    Practicing social responsibility improves a business's public image and brand perception, making it more attractive to customers and investors.

  2. Increased Customer Loyalty

    Consumers are more likely to support businesses that demonstrate ethical behavior and contribute positively to society, leading to stronger customer relationships.

Part b· 1 step

Examine two challenges a business may face when carrying out social responsibility activities. (2 marks)

  1. High Costs

    Implementing social responsibility programs, such as adopting eco-friendly technologies or fair labor practices, can be expensive and may reduce short-term profits.

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