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Question
Which of the following best describes the importance of corporate philanthropy in the 1980s?a. The cost-cutting nature of businesses in this decade left corporate philanthropy as a low priority for most organizations.
b. Many firms began to establish separate foundations to make donations to charitable causes during the 1980s.
c. Most business leaders understood the benefits of well-managed corporate philanthropy initiatives and implemented formal programs.
d. The public first began to question the role of business in society, and many individuals called for corporations to give back to society.
e. Most companies took a haphazard approach to corporate philanthropy causing little good to come as a result.
Answer
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