_____ Is the Synergistic and Mutually Beneficial Use of an Organization's

question 17

Multiple Choice

_____ is the synergistic and mutually beneficial use of an organization's core competencies and resources to deal with key stakeholders so as to bring about organizational and societal benefits.

• A)Social responsibility
• B)Business ethics
• C)Corporate philanthropy
• D)Strategic philanthropy
• E)Cause-related marketing

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Definitions:

Sell

The act of transferring ownership of a product or service to another individual or entity in exchange for money or other compensation.

Subjective Standard

involves a criterion for decision-making that is based on personal opinions, feelings, or perspectives, as opposed to objective, universally measurable standards.

Satisfaction

Fulfillment of an obligation or claim, often referring to the payment of a debt or completion of a contractual performance.

Contract

A legally binding agreement between two or more parties, defining and governing the rights and duties of those parties.