ACCA BT · Chapter 4 · Question 7 of 11
Carroll's pyramid of corporate social responsibility identifies four levels. Which level forms the base of the pyramid?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Economic responsibilities
Explanation
Carroll's pyramid places economic responsibilities (being profitable) at the base, followed by legal responsibilities (obeying the law), ethical responsibilities (doing what is right and fair) and, at the top, philanthropic responsibilities (being a good corporate citizen). The base reflects that a business must survive economically to fulfil the others.
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