Question

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:

Answer 1

Answer:

• corporate philanthropy.

Explanation:

Corporate philanthropy is based on contributions that come from the business sector, specifically from corporate profits that are used to support the civil and nonprofit sector. This is defined as the generous impulse that a person has in favor of others and that arises from the love of mankind, as well as the feeling of well-being that derives from the satisfaction of helping those who need it.

Answer 2

This would be a prime example of corporate philanthropy.