Ethical responsibilities of companies

Assignment Help Business Management

Reference no: EM133652987

Question

We understand that Caroll's Pyramid of Corporate Social Responsibility comprises:

-Philantropic responsibilities
-Ethical responsibilities
-Legal responsibilities
-Economic responsibilities

1. Why are legal responsibilities of the company not enough and ethical responsibilities of companies also needed? Identify three elements and provide an example.

2. Why are economic responsibilities of a company also considered a social responsibility? Provide two examples to support your answer.

Reference no: EM133652987

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