The donations of the Chubb Group, an insurance company, which regularly supplies funds for programming on the public television network are an example of <u>c) corporate philanthropy</u>.
<h3>What is corporate philanthropy?</h3>
Corporate philanthropy is the promotion of the welfare of others (persons and entities) through charitable donations of funds, time, and products.
Provided these donations are voluntarily undertaken to manage and account for their impact on society in a responsible manner without undue influence, they are welcome.
Thus, Chubb Group's donations are an example of <u>c) corporate philanthropy</u>.
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<h3>Question Completion with Answer Options:</h3>
a) financial empowerment
b) ethical responsibility
c) corporate philanthropy
d) economic responsibility
e) corporate paternalism