Question

When an F5 (category 5) tornado hit a town in southern Missouri, the people that lived there needed the basics: food, water, and shelter. The owners of Good Eats Restaurant in St. Louis drove several hours with a van of employees, equipment, and food to donate what they could to help the storm victims. The business term we use to describe this philanthropic action is ___________________, where a company donates what it does best to help make a situation better.

Answer 1

The corporate social initiative and corporate social responsibility includes many activities that corporations can carry out to improve the impact they have on the social, environmental, economic, political, etc. These activities include public health promotion campaigns, adoption of ecological practices, promotion of important causes, philanthropic activities, among others.

Answer

In this case, as it is a philanthropic activity, the business term used is corporate social initiative