CAROLL'S CSR PYRAMID Flashcards
(4 cards)
1
Q
ECONOMIC RESPONSIBILITIES (Bottom)
A
Be profitable to survive as a business.
Pay staff fairly, sell products at a fair price.
2
Q
LEGAL RESPONSIBILITIES
A
Obey the law.
Act in societies best interest.
3
Q
ETHICAL RESPONSIBILITIES
A
Do what is right and fair & avoid harm.
4
Q
PHILANTHROPIC RESPONSIBILITIES (Top)
A
Be a good corporate citizen, making people better off because you care.
Helping society e.g charitable donations, sponsoring local communities, improve quality of each employees work life.