ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Using a cause or charity to promote your business.
A
philanthropy
B
volunteering
C
sponsorship
D
cause marketing
Explanation: 

Detailed explanation-1: -Cause marketing involves a collaboration between a for-profit business and a nonprofit organization for a common benefit. Cause marketing can also refer to social or charitable campaigns put on by for-profit brands. Typically, a brand’s association with a nonprofit will boost their corporate social responsibility.

Detailed explanation-2: -For example, a corporation may create branded products to donate to a non-profit and promote this initiative on social media or through email campaigns. Overall, corporations align their services with a relevant cause to improve their social image and brand loyalty.

Detailed explanation-3: -Cause-related marketing, or cause marketing, is when companies incorporate their support of a designated charitable cause into a promotional campaign, often pledging to donate a portion of sales that occur during a set period of time.

Detailed explanation-4: -Point-of-sale. When a cashier ask you for a donation or encouraging advertisements are displayed at the register. Purchase or action triggered donation. Licensing. Message Promotion. Employee Engagement. Digital Programs. 06-Dec-2019

There is 1 question to complete.