Asked by Shannon Gibbons on Jul 19, 2024
Verified
Compare and contrast the four levels depicted in the pyramid of social responsibility.
Social Responsibility
The obligation of organizations to act in ways that benefit society at large, beyond their own financial interests and legal requirements.
Pyramid
A geometric structure with a square or triangular base and sloping sides that meet at an apex, or more broadly, a system or organization structured in hierarchical layers.
- Compare the levels of social responsibility in businesses.
Verified Answer
CM
Cristian MelenaJul 22, 2024
Final Answer :
Economic responsibility--the obligation to make a profit in order for the business to survive.
Legal obligations--the obligation to obey the law.
Ethical responsibility--the obligation to do what is right, just, and fair and to avoid harm.
Philanthropic goodwill--the obligation to be a good corporate citizen, contribute resources to the community, and to improve the quality of life.
Legal obligations--the obligation to obey the law.
Ethical responsibility--the obligation to do what is right, just, and fair and to avoid harm.
Philanthropic goodwill--the obligation to be a good corporate citizen, contribute resources to the community, and to improve the quality of life.
Learning Objectives
- Compare the levels of social responsibility in businesses.
Related questions
Which of the Following Describes the Four Levels of Social ...
According to ____, Companies Would Be Expected to Avoid Creating ...
Eye-Eye Eyeglass Shop Gives Away One Pair of Glasses for ...
A Local Chamber of Commerce Plans a Seminar on The ...
Discuss the Arguments for and Against Businesses' Involvement in Socially ...