Debra notes that Theo Chocolate has started holding its own operations to the same IMO standards of fair trade to which it holds its suppliers. This type of behavior encourages more ethical decision$-$making by sends a powerful message to employees and customers.

As VP of sales and marketing, Debra is very interested in the likely impact of corporate social responsibility $($CSR$)$ on Theo Chocolates. She asks you for your opinion. What do you tell her? Check all that apply.

Companies known for high corporate social responsibility tend to attract a lower caliber of employee.

There is no guarantee that socially responsible businesses will be profitable.

Studies have shown that there is a small, positive relationship between being socially responsible and economic performance.

The costs of social responsibility can be offset by gaining a better corporate reputation.