Question

When an F5 (category 5) tornado hit a town in southern Missouri, the people that lived there needed the basics: food, water, and shelter. The owners of Boccardi's Ristorante in St. Louis drove several hours with a van of employees, equipment, and food to donate what they could to help the storm victims. The business term we use to describe this philanthropic action is ___________________, where a company donates what it does best to help make a situation better.
a) social impact program
b) corporate beneficial management
c) corporate social initiative
d) corporate inclusion policy

Answer 1

Answer:

C. Corporate social initiative

Explanation:

Corporate Social initiatives are the part of company's corporate social responsibility (CSR) where the companies take philanthropic measures that help the local communities and environment to deal with the social causes. Here in the scenario, the owners of Boccardi's Ristorante helped the storm victims by providing them the facilities of food and other basic necessities, this term is called corporate social initiative which is in lined with the CSR Policy of most of the companies.