In _____,organizations take a philanthropic approach by underwriting specific initiatives to give back to the company's local community or to designated national or international programs.

Question

Quizplus · Accepted Answer

Altruistic CSR involves a company's desire to make a positive social impact on its immediate community or wider society, without direct commercial benefit. It aims to promote charitable and community-oriented activities with an aim to improve the social and ethical standing of the company. Underwriting specific initiatives to promote social welfare falls under this category.

In _____,Organizations Take a Philanthropic Approach by Underwriting Specific Initiatives