A company demonstrates its corporate philanthropy when it allows employees time off to volunteer at community events.

Question

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Corporate philanthropy refers to a business's commitment to giving back to the community through charitable donations, volunteer work, and other forms of social responsibility. Allowing employees to take time off to volunteer at community events is an example of corporate philanthropy because it demonstrates the company's dedication to supporting local causes and promoting social good.

A Company Demonstrates Its Corporate Philanthropy When It Allows Employees