A business that has a philanthropy program engages in this activity because there is no alternative. it wants to in order to give back. it is required to by law. consumers force this behavior. all of these.

Businesses with philanthropic programs have intentions of giving back to society. It is a two-way beneficial act. Although philanthropic activities would mean giving a part of the business's earnings, businesses can actually benefit more with these programs. It can create a better name in the industry which means more connections for trade and increase consumer trust rates. Another benefit is internal to the organization. It increases employee morale and boosts leadership.