This term refers to a company’s role in society beyond profit-making
What is Corporate Citizenship?
This is the act of donating money or resources for public good.
What is Philanthropy?
Programs aimed at solving social problems in communities.
What are Social Initiatives?
A challenge when one country’s ethical norms differ from another’s.
What is Cultural Diversity and Ethical Standards?
These people include employees, customers, and investors.
Who are Stakeholders?
This component of corporate citizenship aims to reduce harm to the planet.
What are Sustainability Practices?
Donations of goods or services, such as food or medical supplies.
What are In-Kind Contributions?
This initiative type links branding with charitable causes.
What is Cause-Related Marketing?
Complex regulations in different countries make this difficult.
What is Regulatory Compliance or Complexity?
A growing movement where people hold businesses accountable for ethics.
What is Consumer Activism?
The practice of involving employees, customers, and communities in company decisions.
What is Stakeholder Engagement?
Encouraging staff to give their time to causes is known as this.
What is Employee Volunteering?
A company supporting local schools and healthcare is doing this.
What is Community Development?
Globalization can worsen this socioeconomic problem.
What is Income Inequality?
Making decisions that satisfy ethics and profits reflects this balance.
What is Balancing Profit and Purpose?
A company showing transparency and compliance in business is demonstrating this.
What is Ethical Governance?
How is philanthropy different from corporate citizenship in approach?
What is it’s usually a separate act rather than integrated into business strategy?
Investing in renewable energy or recycling projects is an example of this.
What are Environmental Initiatives?
The environmental consequence of unchecked global industrialization.
What is Environmental Degradation or Climate Change?
This practice ensures business honesty and openness.
What is Transparency?
These types of contributions include creating jobs and investing in infrastructure.
What are Economic Contributions?
Philanthropy supports social causes but does not focus on this business objective.
What is long-term systemic impact or shared value creation?
This form of initiative pushes for legal or societal change.
What is Advocacy for Social Change?
Operating globally increases this technological risk.
What are Cybersecurity Threats or Digital Risks?
Monitoring complex global supply chains requires these costly systems.
What are Auditing and Accountability Mechanisms or Third-Party Verifiers?