This is a quote from your reading on the importance of giving back:"Businesses are a part of the communities where they reside. They are sponsors of little league teams, supporters of local organizations and contributors to national and even international causes. Such participation can impact anything from cutting-edge research to community projects or even neighborhood initiatives. All these actions, big and small, move the needle in a positive direction. It’s never just a simple donation. Businesses that engage in philanthropic pursuits can reap near- and long-term benefits that can often be tangible."Is it fair to say that some businesses, like some individuals, may choose to give back for reputational insurance and protection?Group of answer choicesNoYes

Volunteerism, service work, donations, charity, and philanthropy are all ways of giving back.Group of answer choicesTrueFalse

Everyone has a different reason for both building wealth and giving back, but experts say that there is a benefit to both the donor and the recipient.Group of answer choicesTrueFalse

Dr. Michael Moody argues that a commitment to charitable giving and social benefit is increasingly seen as a necessary and profitable aspect of any business. Group of answer choicesTrueFalse

Unlike the other modules, Giving Back - Volunteerism, Charity, and Philanthropy is unrelated to the economic way of thinking.Group of answer choicesTrueFalse

Giving back to the community and making donations to worthy causes is _____________ responsibility.a.Economicb.Environmentalc.Ethicald.Philanthropic