Ethics-discretion and social responsibility

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Reference no: EM1324441

According to Carroll (1979) business has four responsibilities:

1. Economic responsibility- Must do- Business sustainability

2. Legal responsibility- Have to do-Regulatory

3. Ethical - Should do- Beliefs about behavior

4. Discretionary - Might do-Voluntary

QUESTION:

Ethics and discretion fall under the realm of social sesponsibility. What is the goal of the corporation and how does that goal fit into the realm of social responsibility?

Reference:

Carroll, A. B. (1979). A three-dimensional conceptual model of corporate performance. Academy of Management.the Academy of Management Review, 4(4), 497-497.

Reference no: EM1324441

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