Society generally expects firms to work with employees and the company to plan for layoffs. This is an example of which of Carroll's responsibilities?

Question

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Ethical responsibility involves the firm's obligation to behave ethically towards various stakeholders, including employees. Planning for layoffs in collaboration with employees and the company is an ethical responsibility. Carroll's model includes four responsibilities: economic, legal, ethical, and discretionary. The economic responsibility involves maximizing profits, while the legal responsibility involves obeying the law. The justice responsibility involves being fair and equitable, while the discretionary responsibility involves contributing to society through philanthropy and volunteerism.

Society Generally Expects Firms to Work with Employees and the Company