Carroll’s CSR Pyramid

• Who developed the corporate social responsibility pyramid?

  Archie Carroll
• In what year was the CSR pyramid introduced?

  1991
• What does the CSR pyramid illustrate?

  Social responsibilities of a business
• What is the bottom layer of the CSR pyramid called?

  Economic responsibilities
• Why must a business be profitable according to the CSR pyramid?

  To fulfill higher social responsibilities
• What are some aspects of economic responsibilities?

  Operational efficiency and competitive edge
• Who are the stakeholders related to economic responsibilities?

  Owners and shareholders
• What is the next layer above economic responsibilities?

  Legal responsibilities
• What do legal responsibilities entail?

  Compliance with laws and regulations
• Which stakeholders benefit from legal responsibilities?

  Employees
• What are ethical responsibilities in the CSR pyramid?

  Obligation to do what is right and fair
• How can a business demonstrate ethical responsibilities?

  By avoiding harm to stakeholders
• What is the layer above ethical responsibilities?

  Philanthropic responsibilities
• What do philanthropic responsibilities involve?

  Being a good corporate citizen
• How can businesses engage in philanthropic responsibilities?

  Through volunteer work and education support
• What trade-offs might exist in fulfilling ethical responsibilities?

  Ethics versus profit trade-off
• Does fulfilling economic responsibilities have to be sequential to other responsibilities?

  No, it doesn't have to be sequential