Asked by Oluwapelumi Adeosun on Feb 18, 2024
Verified
What is the difference between corporate philanthropy and corporate social responsibility?
- Recognizing the concept of corporate social responsibility and its significance in business operations.
- Identifying the key differences between corporate philanthropy and corporate social responsibility.
- Understanding the concept of corporate philanthropy and its role in society.
Verified Answer
OB
Oxener BlackwoodFeb 18, 2024
Final Answer :
Philanthropy involves donating money or time to charities or good causes.CSR involves the deliberate inclusion of public interest into corporate decision-making,and honoring a triple bottom line: People,Planet,and Profit.
Learning Objectives
- Recognizing the concept of corporate social responsibility and its significance in business operations.
- Identifying the key differences between corporate philanthropy and corporate social responsibility.
- Understanding the concept of corporate philanthropy and its role in society.
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