According to Archie Carroll's pyramid of corporate social responsibility, a firm's ______ is to act within the framework of laws and regulations drawn up by the government and judiciary.
A)economic responsibility
B)legal responsibility
C)ethical responsibility
D)discretionary responsibility

Question

Quizplus · Accepted Answer

According to Archie Carroll's pyramid of corporate social responsibility, a firm's legal responsibility is the obligation to comply with the laws and regulations set by the government and judiciary. This is the basic level of responsibility that a company must fulfill in order to operate within a legal framework.

According to Archie Carroll's Pyramid of Corporate Social Responsibility, a Firm's