Top management at Lancer Distributing is convinced that they have a social responsibility to their community.They believe that they can have the greatest impact in this area through cash contributions to nonprofit organizations.This is an example of corporate:
A)short run profit maximization.
B)guilt payments.
C)structure and strategy.
D)philanthropy.

Question

Quizplus · Accepted Answer

Philanthropy refers to the act of donating money, goods, services, or time to support a charitable cause, which aligns with Lancer Distributing's approach of making cash contributions to nonprofit organizations.

Top Management at Lancer Distributing Is Convinced That They Have