Introduction
After learning all these above, you will be required to take a MCQ, it contains five questions, each would take 30 seconds, if you get all of them correct, you are qualified as pass. if you are failed to get them all, you need to take the test again. But if you fail again, you will fail this topic, and need to study from the beginning again. Passing this topic is one of necessary to pass this module, good luck!
Philanthropy is the most straightforward part of corporate social responsibility and, in fact, people often confuse the two concepts. In this topic you will learn everything you need to know as a business and it will help you to understand, value and apply these concepts to a real company.
In the first part, you will need to watch the video linked below, which uses the example of Pittsburgh-based American Textile Company to show how a business can contribute in the field of philanthropy.
In the second part you will learn what philanthropy means in the context of CSR and how it differs from corporate social responsibility. Then, you will learn about the five types of corporate philanthropy, including giving at work, gift matching, corporate foundations, grants and corporate volunteering. Next, you will see the benefits of participating in philanthropy: companies that engage in corporate philanthropy foster a positive workplace, improve their public image, attract and retain talent, deepen their connection with customers, and much more. Finally, a general guide to creating a corporate philanthropy programme will be given to improve the effectiveness of corporate philanthropy.
After studying all of the above, you will be asked to do an MCQ, which consists of five questions, each taking 30 seconds, and if you get them all right, you qualify to pass. If you fail to answer all of them correctly, you will need to take the test again. If you fail again, you will not pass the test and will need to learn it again from scratch. Passing this topic is one of the necessary requirements to pass the module, good luck!