Applying Archie Carroll's Pyramid of Corporate Social Responsibility, When a Firm

question 6

Multiple Choice

Applying Archie Carroll's pyramid of corporate social responsibility, when a firm closes due to financial mismanagement and bankruptcy, it has not met its ______.

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

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Definitions:

Hypothesis

A proposed explanation for a phenomenon, which can be tested through experimentation and research.

Positive Correlation

A connection between two variables where both variables shift in tandem.

Independent Variables

In experimental design, the variables that are manipulated by the researcher to observe their effect on dependent variables.

Opposite Direction

A term indicating a movement, action, or trend that goes in the reverse direction of a previously established pattern or expectation.