Question

The Kiwanis club asks you to make a presentation on corporate social responsibility. Which story will help you explain the concept of philanthropic giving in your presentation? (Check all that apply)

a. A company donating to local charities
b. A company reducing its carbon footprint
c. A company increasing its profits
d. A company involved in unethical practices

Answer 1

In your presentation on corporate social responsibility, stories of a company donating to local charities best illustrate the concept of philanthropic giving, highlighting contributions to society beyond just making a profit.

Step-by-step explanation:

To explain the concept of philanthropic giving within corporate social responsibility in your presentation to the Kiwanis club, you should include stories or examples that illustrate a company making contributions to society beyond profit-making activities. Suitable examples would be:

• A company donating to local charities, which directly supports the community and provides tangible benefits to various groups or causes in need.

Examples that do not align with philanthropic giving but pertain to other aspects of corporate social responsibility include:

• A company reducing its carbon footprint, which falls under environmental responsibility.
• A company increasing its profits, which aligns with economic responsibility but doesn't necessarily relate to philanthropy unless those profits are used in part for social good.
• A company involved in unethical practices would be a negative example and demonstrate a lack of social responsibility altogether.