According to Archie Carroll's Pyramid of Corporate Social Responsibility, a Firm's

question 33

Multiple Choice

According to Archie Carroll's pyramid of corporate social responsibility, a firm's ______ is to produce an acceptable return for investors.

• A)economic responsibility
• B)legal responsibility
• C)ethical responsibility
• D)discretionary responsibility

---

Definitions:

Legal Doctrine

A principle or body of principles presented for acceptance or belief by a legal authority, serving as a foundation for legal decisions and policies.

Newspapers

Printed publications consisting of folded unstapled sheets and containing news, articles, advertisements, and other information.

Federal Government

The national government of the United States, formed by the Constitution, which divides power between the executive, legislative, and judicial branches.

Bankrupt

A legal status for individuals or entities that cannot repay the debts they owe to creditors, leading to legal processes to address these outstanding debts.