How can the CEO be assured that her contribution/donation will be put to fair use? Clarify how she can demand accountability from the foundation. Refer to the image below
How can the CEO be assured that her contribution/donation will be put to fair use? Clarify how she can demand accountability from the foundation. Refer to the image below
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How can the CEO be assured that her contribution/donation will be put to fair use? Clarify how she can demand accountability from the foundation. Refer to the image below
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Mini Case Study
"The Ideal Partner"
Scentimental Inc., a Filipino SME owned by Mrs. Jin Balmadres, has been in operations
for over 20 years. She takes pride in supporting the local manufacturing industry with her
design creativity. Given their success in the retail and wholesale of décor products with
retail giants SM and All Home, as CEO, Mrs. Balmadres has intermittently supported
certain charities over the years. But she felt that the efforts of her company in this area were
wanting. Moved by the much-needed relief for the residents affected by the Taal Volcano
explosion in early 2020, she was advised by her management consultant to work with a
foundation. She did some research on her own on various potential partners. She found that
she can either go directly to her desired beneficiaries, work with an established foundation,
or through an intermediary. She decided to follow her consultant's advice and work with
a foundation. She had her secretary set up an appointment with her chosen foundation the
following week."
Transcribed Image Text:Elaboration
Mini Case Study
"The Ideal Partner"
Scentimental Inc., a Filipino SME owned by Mrs. Jin Balmadres, has been in operations
for over 20 years. She takes pride in supporting the local manufacturing industry with her
design creativity. Given their success in the retail and wholesale of décor products with
retail giants SM and All Home, as CEO, Mrs. Balmadres has intermittently supported
certain charities over the years. But she felt that the efforts of her company in this area were
wanting. Moved by the much-needed relief for the residents affected by the Taal Volcano
explosion in early 2020, she was advised by her management consultant to work with a
foundation. She did some research on her own on various potential partners. She found that
she can either go directly to her desired beneficiaries, work with an established foundation,
or through an intermediary. She decided to follow her consultant's advice and work with
a foundation. She had her secretary set up an appointment with her chosen foundation the
following week.
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