Question

The last recession changed the way many companies offer support to people and communities in need. Many companies

Multiple Choice

1. increased their financial donations because they understood how badly society needed a helping hand.

2. increased financial donations to local areas but pulled away from national and global contributions.

3. decreased financial donations and eliminated support in almost every way.

4. decreased financial donations but encouraged their employees to volunteer their time to corporate social initiatives and projects.

Answer 1

During the last recession, many companies decreased financial donations but encouraged their employees to volunteer their time to corporate social initiatives and projects.

Step-by-step explanation:

The correct answer is option 4. During the last recession, many companies decreased financial donations but encouraged their employees to volunteer their time to corporate social initiatives and projects. This approach allowed companies to still support communities in need, although they reduced their monetary contributions. By encouraging their employees to volunteer, companies could make a positive impact without straining their finances during the economic downturn.