Corporate philanthropy, to be strategic, need not involve detailed planning since the activities are so diverse.

Question

Quizplus · Accepted Answer

Corporate philanthropy should involve detailed planning to ensure that it aligns with the company's values, goals, and target audiences. While the activities may be diverse, a strategic approach requires intentional decision-making and evaluation of impact. Without planning, there is a risk of disjointed or ineffective initiatives that do not contribute to the company's overarching goals.

Corporate Philanthropy, to Be Strategic, Need Not Involve Detailed Planning