Top management at Big Bend Motorcycle Company is convinced that the company has a social responsibility to its community. Management believes that the firm can have the greatest impact in this area through cash contributions to nonprofit organizations. This is an example of:

A.) structure and strategy.
B.) short-run profit maximization.
C.) graduated payments.
D.)corporate philanthropy.

Respuesta :

Answer:

Correct option is (D)

Explanation:

Corporate philanthropy is undertaken by organizations as a part of corporate social responsibility. It involves donating funds to organizations that work for underprivileged community or for uplifting the society.

Mostly organizations associate themselves with these non profit organizations and fund education of poor children or provide health facilities to people who cannot afford medical bills. It is a completely voluntary service based on giving back to society.

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