Which of the following statements is true about the pyramid model of corporate social responsibility?
A)It states that philanthropy should be the most important function of a corporation.
B)It states that ethical responsibilities of a corporation provide the basis for other responsibilities.
C)It states that if a company does not make a profit, then the other responsibilities are moot.
D)It states that social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation.

Question

Which of the following statements is true about the pyramid model of corporate social responsibility?
A)​It states that philanthropy should be the most important function of a corporation.
B)It states that ethical responsibilities of a corporation provide the basis for other responsibilities.
C)It states that if a company does not make a profit, then the other responsibilities are moot.​
D)​It states that social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation.

Quizplus · Accepted Answer

The pyramid model of corporate social responsibility, developed by Archie Carroll, suggests that economic responsibilities are the foundation of a corporation's responsibilities. If a company does not make a profit, it cannot fulfill its other responsibilities, such as legal, ethical, and philanthropic.

Which of the Following Statements Is True About the Pyramid