All of the Responsibilities Have Always Existed in Carroll's Pyramid

question 12

Multiple Choice

All of the responsibilities have always existed in Carroll's pyramid of corporate social responsibility,but which two responsibilities have only become significant recently?

• A)Ethical and philanthropic responsibilities
• B)Managerial and economic responsibilities
• C)Philanthropic and economic responsibilities
• D)Legal and managerial responsibilities
• E)Economic and ethical responsibilities

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Definitions:

Checkable Deposits

Deposits in a bank or other financial institution against which checks can be written or ATM or debit card transactions can be made.

Medium of Exchange

An instrument or system used to facilitate the sale, purchase, or trade of goods between parties, typically money in modern economies.

Store of Value

An asset that can be saved, retrieved, and exchanged in the future without depreciating significantly.

Fiat Money

Paper money that is not backed by or convertible into any good; it is money because the government says it is money.