Date of Graduation

5-2022

Document Type

Thesis

Degree Name

Bachelor of Science in International Business

Degree Level

Undergraduate

Department

Marketing

Advisor/Mentor

Rapert, Molly

Abstract

As businesses of all types become more self-aware and responsive to consumers’ interests, they are quickly adapting their business models to include pillars of philanthropy. Philanthropic qualities are especially important in regards to the CPG industry (consumer packaged goods) since they often produce food products. Many consumers and analysts believe that CPGs have a moral obligation to cater to people with various types of dietary needs, restrictions, and preferences while also helping customers meet their nutritional minimums. Companies can aid consumers in a plethora of ways. Beneficial programs can include initiatives like fundraising, food drives, internal employee assistance programs, and creating products that cater to the needs of food insecure customers. Many consumer packaged goods companies also serve their customers by offering WIC (Women, Infants, Children) eligible products. Through these efforts and many more, businesses are prioritizing consumer well-being while simultaneously elevating their brand.

Keywords

food insecurity, business, CSR, philanthropy

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