Asked by Yvonne Ramirez on Sep 26, 2024

Which of the following is NOT one of the areas of responsibility according to Archie B. Carroll's Global Corporate Responsibility model?

A) Make a profit
B) Obey the law
C) Be ethical in practice
D) Be a good corporate citizen
E) Allow the invisible hand to promote public welfare

Global Corporate Responsibility

The practice where businesses consider the social, environmental, and economic impacts of their operations globally and commit to act in an ethical and sustainable manner.

Archie B. Carroll

A prominent academic known for his work on corporate social responsibility and the pyramid of CSR, emphasizing the responsibilities businesses have towards society.

Invisible Hand

A term coined by Adam Smith to describe the unseen forces that move the free market economy through the self-regulating nature of the marketplace.

  • Apprehend the universal perspective of corporate social responsibility and distinguish its distinct areas.