Jessica Marshall, the CEO of ABD Oil Drilling Inc., decides to set aside an amount of $10,000 from the company's annual profits to donate to local nonprofit organizations although the company already meets the mandated government requirement of contributing 4 percent of the company's revenue for social benefits. This donation by ABD Oil Drilling Inc. is an example of:
A. economic opportunism.
B. stakeholder remuneration.
C. corporate philanthropy.
D. planned obsolescence.
Answer: C
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