Paying for a local organization's needs in exchange for recognition is referred to as _____.

Question

Quizplus · Accepted Answer

Sponsorship involves paying for a local organization's needs in exchange for recognition. This could include having the sponsor's name/logo displayed prominently at the organization's events or on their website. Donations and personal selling do not necessarily involve recognition in exchange for payment. Publicity is a form of media coverage or promotion, not a payment for recognition.

Paying for a Local Organization's Needs in Exchange for Recognition