Which of the Following Is a Primary Difference Between Cause-Related

question 105

Multiple Choice

Which of the following is a primary difference between cause-related marketing and strategic philanthropy?

• A)Cause-related marketing is short term only while strategic philanthropy is an ongoing approach that lasts for years or even decades.
• B)Strategic philanthropy fulfills a firm's primary social responsibilities while cause-related marketing does not.
• C)Cause-related marketing is unlikely to have a positive effect on society while strategic philanthropy always benefits society.
• D)Strategic philanthropy can take on both a financial and nonfinancial format while cause-related marketing only involves financial contributions.
• E)Customers are likely to feel good about themselves when supporting a cause-related marketing campaign but are unlikely to notice strategic philanthropy.

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Definitions:

UCC

stands for the Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Sufficient Electronic Record

An electronic document that contains all the necessary information to be legally recognized and enforceable.

Car Dealer

A business entity that sells new or used automobiles in a retail setting, typically operating under a dealership contract with an automaker or sales subsidiary.

Defaults

Failures to meet the legal obligations or conditions of a loan, contract, or agreement, often resulting in penalties or legal action.