A Calgary Company Is Hoping to Improve Conditions for the Working

question 28

Multiple Choice

A Calgary company is hoping to improve conditions for the working homeless in their city.Working closely with non-profit organizations in Calgary,the company is giving both time and money to help the nonprofits.The idea is to give long term support, leadership,and needed resources to help the nonprofits work efficiently on this problem.The Calgary company's involvement is best characterized as:

• A)cause-related marketing
• B)corporate donation
• C)strategic giving
• D)corporate volunteerism
• E)social venture philanthropy

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Definitions:

Socially Efficient

An economic condition where resources are allocated in a way that maximizes the net benefits to society as a whole.

Flu Vaccine

A vaccine designed to protect against the influenza virus, aiming to reduce the incidence of flu and its associated complications.

Underestimates

Errors or judgments that result in a lower estimation of quantity, value, or importance than is actually the case.

External Cost

A cost that is not borne by the parties involved in a transaction but rather by third parties or society at large, such as pollution.