Carrols corporate social responsibility pyramid

Question 1

what does it show

Answer 1

outlines varies expectations of social responsibility for a business

Question 2

4 stages

Answer 2

from the bottom up:
economic
legal
ethical
philanthropic

Question 3

economic

Answer 3

foundation:
need to be profitable
. operational efficiency
. maintaining competitive advantage
. returns to owners/shareholders

Question 4

legal

Answer 4

obey laws and regulations:
.copyright laws
.environmental
.consumer
.employment

Question 5

ethical

Answer 5

thinking about impacts on all stakeholders by doing whats right and fair and avoiding harm:
.consider communities
.avoid price gauging
.avoid overuse of 0 hour contract

Question 6

philanthropic

Answer 6

be a good corporate citizen:
.help society eg education, health, volunteer work