Asked by Keera Stanley on Jun 16, 2024

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_____ tie(s) an organization's product(s) directly to a social concern through a marketing program.

A) Voluntary contributions
B) Cause-related marketing
C) Strategic philanthropy
D) Corporate giving
E) Employee benefits

Cause-Related Marketing

A marketing strategy wherein businesses align with social causes to generate business benefits and social impact simultaneously.

Social Concern

The attention or care directed towards societal issues and the wellbeing of the community at large.

Marketing Program

A comprehensive plan that outlines strategies, tactics, and activities for effectively promoting and selling products or services.

  • Recognize the importance and impact of cause-related marketing on consumer attitudes and societal benefits.
  • Identify the roles and responsibilities of businesses in ethical, legal, economic, and social domains.
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NH
Nhung Hu?nhJun 20, 2024
Final Answer :
B
Explanation :
Cause-related marketing is a strategy in which an organization's product(s) are directly linked to a social concern through a marketing program. The organization donates a portion of product sales or revenue to a designated social cause, thereby associating its brand with the cause and generating goodwill among consumers who care about the issue.