Strategic Philanthropy for Organizations
Research a Fortune 500 company, but do not use the same company you used for the Week 1 “Social Responsibility” assignment. Examine the company’s strategic philanthropy and how it impacts profits, brand, image and turnover, as well as society as a whole.
Also, address any disadvantages or associated costs the company experiences as a result of its strategic philanthropy practices.
………………………Answer preview……………………
The main purpose of any given business is to make profit. However, it is important for any given organization to put in place policies and strategies that are not only centered towards profit making but also consumer satisfaction (Predić, Stefanović & Ivanović Đukić, 2013). Most cooperate organizations are gradually adopting ways of giving back to the society through philanthropic activities……………………….
APA
981 words
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