What is the main difference between philanthropy and social responsibility Quizlet

Q: What is the main point of philanthropic responsibility?

Philanthropic responsibility refers to a businesss aim to actively make the world and society a better place. In addition to acting as ethically and environmentally friendly as possible, organizations driven by philanthropic responsibility often dedicate a portion of their earnings.

Inhaltsverzeichnis Show

What is the main difference between philanthropy and social responsibility?
What is the difference between social responsibility and?
What is corporate social responsibility CSR and how is it different from philanthropy?
What is the main point of philanthropic responsibility?

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Unlike Philanthropy, in which the corporation is simply donating money, CSR involves a hands-on approach to solving social and environmental in which the corporation is involved.

The main difference between social responsibility and social responsiveness is that social responsibility is the ethical/moral obligation/duty of an individual or an entity towards the society whereas social responsiveness is the manner in which an individual or an entity responds to a social need.

“Where corporate philanthropy seeks to address social change through the allocation of time, financial, and other resources, CSR takes the practice one step further to strategically align philanthropic efforts with business objectives.”

What is the main point of philanthropic responsibility?

Philanthropic responsibility refers to a business's aim to actively make the world and society a better place. In addition to acting as ethically and environmentally friendly as possible, organizations driven by philanthropic responsibility often dedicate a portion of their earnings.