Question

A Japanese company encourages its employees to participate in charitable activities. The company gives annual paid leave of ten days to its employees to volunteer at nonprofits or take part in activities that support environmental causes. Given this information, the company's initiative is an example of _____.

Answer 1

Answer:

Corporate Philanthropy

Explanation:

According to my research on different business operations, I can say that based on the information provided within the question the company's initiative is an example of Corporate Philanthropy. This term is defined as the act of a corporation to promote the welfare of others by donating funds or time to charity. This can be said because the company is encouraging its employees to participate in charitable activities, thus donating time.

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