Recently, a Large Insurance Company in the Midwest Made a Public

question 97

True/False

Recently, a large insurance company in the Midwest made a public commitment toward corporate philanthropy when it dedicated 3% of its profits toward the cultural and environmental concerns of the large metropolitan area that houses its corporate headquarters. The CEO stated, "In honor of several hundred employees that come to work here every day, we want to give something back." In light of the fact that this is only helping one metropolitan area, the donation falls outside the realm of corporate social responsibility.

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Definitions:

Nuclear Warheads

Explosive devices powered by nuclear reactions, capable of causing immense destruction when detonated.

Assimilation

The process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

Acculturation

The process of cultural exchange and adaptation that occurs when two or more cultures come into direct continuous contact, leading to changes in the original cultural patterns of either or both groups.

Cultural Evolution

Cultural change over time- not to be confused with progress.