In Carroll's Global Corporate Social Responsibility Pyramid, _____ Responsibility States

question 54

Multiple Choice

In Carroll's global corporate social responsibility pyramid, _____ responsibility states that one should do what is required by stakeholders.

• A)economic
• B)legal
• C)ethical
• D)philanthropic
• E)egoistic

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Definitions:

Secondarily Liable

A condition wherein an individual or entity is obligated to fulfill a duty or payment if the primarily liable party fails to do so.

Primary Liability

The main or first layer of responsibility for fulfilling a financial or legal obligation.

Secondary Liability

Legal responsibility that arises from aiding, facilitating, or contributing to a wrongful act committed by another party.

Contractual Liability

This is the legal obligation parties have under a contract to fulfill the terms of the agreement.