Carroll's Pyramid of CSR
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Questions and Answers

What is the primary function of business according to the CON model?

  • To contribute to humanitarian causes
  • To prioritize legal responsibilities
  • To operate economically (correct)
  • To fulfill moral responsibilities

    • What is the main idea of the CON model in terms of CSR?

  • To prioritize economic responsibilities over moral ones
  • To separate economic and moral components of business decisions
  • To exclude moral components from business decisions
  • To recognize that business decisions consist of continuous, interrelated economic and moral components (correct)

    • What is the benefit of the responsibility circles structure in the CON model?

  • It prevents the consideration of each responsibility separately
  • It excludes moral components from business decisions
  • It separates the different types of responsibilities
  • It helps the manager to see the interrelationships between responsibilities (correct)

    • What is corporate philanthropy commonly referred to as?

    <p>Contributions to humanitarian and social causes outside the firm's natural line of business</p> Signup and view all the answers

    How does Carroll's pyramid treat philanthropic giving?

    <p>As a discretionary responsibility</p> Signup and view all the answers

    According to the IC model, how is corporate philanthropy treated?

    <p>As strategic philanthropy under economic responsibility or charity expected by society under ethical responsibility</p> Signup and view all the answers

    What is the main difference between the IC model and Carroll's pyramid in terms of corporate philanthropy?

    <p>The IC model and Carroll's pyramid consider corporate philanthropy as discretionary</p> Signup and view all the answers

    What is the primary purpose of the responsibility circles in the CON model?

    <p>To highlight the interrelationships between different responsibilities</p> Signup and view all the answers

    How does the CON model recognize the function of business?

    <p>As a vital function that is economic</p> Signup and view all the answers

    What is the main idea of the IC model in terms of corporate philanthropy?

    <p>That corporate philanthropy is a discretionary responsibility</p> Signup and view all the answers

    Study Notes

    Understanding CSR through Carroll's Pyramid

    • Economic Responsibility is the lowest level of the pyramid, representing a business's first responsibility to be profitable, as without profit, the company wouldn't be able to pay workers, and eventually, wouldn't survive long-term.
    • Being profitable is the only way for a company to survive long-term and benefit society.
    • The second level of the pyramid is a business's legal obligation to obey the law, which is the most important responsibility out of the four levels.
    • Examples of legal responsibilities include employment laws, competition with other companies, tax regulations, and health and safety of employees.

    Ethical Responsibility

    • The ethical layer of the pyramid is about doing the right thing, being fair in all situations, and avoiding harm.
    • Unlike the first two levels, this is something a company is not obligated to do, but it is best for a company to be ethical as it shows stakeholders that they are moral and just.
    • Being ethical is not only about obeying the law but also about doing what is morally right.

    Philanthropic Responsibility

    • The philanthropic layer of the pyramid is about being a good corporate citizen and giving back to society.
    • This is the highest level of the pyramid and is considered discretionary, meaning it's not an obligation but rather a choice.

    Theoretical Assumptions

    • The CSR pyramid frames CSR in terms of social expectations that responsible corporations should strive to meet.
    • Prevailing social norms and expectations provide external criteria against which corporate performance can be measured.

    Nature of CSR

    • CSR consists of four kinds of social responsibilities: economic, legal, ethical, and philanthropic.
    • The CSR pyramid suggests that businesses can be profitable and ethical, and they should fulfill these obligations simultaneously.

    Order of Importance

    • The pyramid suggests a ranking of CSR priorities based on the level of essentiality, with economic responsibility being the most fundamental and philanthropic category being the least important.

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    Description

    Understand the four levels of Corporate Social Responsibility (CSR) as proposed by Archie Carroll. Learn how economic, legal, ethical, and philanthropic responsibilities contribute to a company's CSR activities.

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