Companies Often Establish Largely Independent,self-Contained Units in Each of Its

question 104

Multiple Choice

Companies often establish largely independent,self-contained units in each of its national markets to implement a ________ strategy.

• A) retrenchment
• B) global
• C) multinational
• D) blue ocean

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Definitions:

Corporate Philanthropy

A company's initiative to assess and take responsibility for its effects on environmental and social well-being, often involving charitable donations or community service programs.

Continuum of Social Responsibility

A spectrum reflecting the varying degrees of commitment or approaches organizations can take toward social responsibility.

Reaction

The response or change in behavior that occurs as a result of an external stimulus or situation.

Corporate Philanthropy

The act of a corporation or business promoting the welfare of others, typically through charitable donations of funds or time.