How does giving skills compare to giving money or products?
What will be an ideal response?
Both are forms of philanthropic giving, but there are some advantages and
disadvantages that giving skills has when compared to giving money or products. While
money or products can be tax-deductible under the right conditions, this is not an option
with giving skills. Giving skills also takes up the time of employees and can be more
complicated to coordinate. However, skills giving offers opportunities to interact with the
public and even a company’s stakeholders that giving material goods or cash does not
offer. These relational interactions with either service recipients and/or peers can
improve employee happiness and engagement as well as raise company profile. Skills
giving or pro bono work can tap into employees’ desire to help others and enhance their
life in the company. Sabbaticals are another way in which to engage employees with the
public.
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A restricted endorsement means the check is payable to any bearer
Indicate whether the statement is true or false
Choosing a good attorney is a time-consuming but vital task that should be accomplished immediately after startup.
Answer the following statement true (T) or false (F)
Product-market screening criteria should
A. summarize in one place what the firm wants to accomplish. B. be achievable. C. be stated in quantitative terms. D. be qualitative. E. All these answers are correct.
Denny is the owner of a popular ice-cream parlor. He also has a retail distribution network in the form of ice-cream vans that go around the city. With the help of this distribution network, Denny is able to efficiently manage the movement of goods and keep the costs lower than other ice-cream shops. This is an example of ________.
A. organizational slack B. entrepreneurial breakeven C. sustainable competitive advantage D. bounded rationality