A firm sponsors a 5k race, contributing the race fees to a local charity.According to Archie Carroll's pyramid of corporate social responsibility, the firm is meetings its ______.
A)economic responsibility
B)legal responsibility
C)ethical responsibility
D)discretionary responsibility

Question

Quizplus · Accepted Answer

The firm sponsoring a 5k race and contributing the race fees to a local charity is an example of discretionary responsibility, which refers to a company's voluntary and philanthropic actions that go beyond its legal and ethical obligations. This action is not required by law or ethical principles, but rather represents the firm's desire to go above and beyond in giving back to the community.

A Firm Sponsors a 5k Race, Contributing the Race Fees