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.

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2
Q

LEGAL RESPONSIBILITIES

A

Obey the law.
Act in societies best interest.

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3
Q

ETHICAL RESPONSIBILITIES

A

Do what is right and fair & avoid harm.

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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.

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