Which statement about the pyramid of corporate social responsibility is true?
A) Philanthropy should be the most important function of a corporation.
B) Ethical responsibilities of a corporation provide the basis for other responsibilities.
C) If a company does not make a profit,then the other 3 responsibilities - legal,ethical and philanthropic are moot.
D) Social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation.

Question

Quizplus · Accepted Answer

The pyramid of corporate social responsibility, developed by Archie Carroll, suggests that economic responsibilities (profit-making) are foundational. Without profitability, a company cannot sustain its legal, ethical, and philanthropic responsibilities.

Which Statement About the Pyramid of Corporate Social Responsibility Is