Asked by Aaron Portillo on Jun 24, 2024
Verified
Many firms choose to protect or enhance the natural environment as they go about their business activities. This is called "corporate giving."
Corporate Giving
The act of corporations donating resources, including money, time, or goods, to nonprofit organizations or causes.
Natural Environment
Refers to all living and non-living things occurring naturally, including land, water, air, plants, and animals.
- Comprehend the critical role of business activities in advancing social and environmental benefits.
Verified Answer
ND
Naree DachruchaJun 30, 2024
Final Answer :
False
Explanation :
The term for firms choosing to protect or enhance the natural environment as part of their business activities is more accurately referred to as "corporate social responsibility" (CSR) or "environmental sustainability," not "corporate giving." Corporate giving typically refers to direct financial contributions to non-profit organizations or causes.
Learning Objectives
- Comprehend the critical role of business activities in advancing social and environmental benefits.