Which of the Following Is NOT an Element in the Pyramid

question 36

Multiple Choice

Which of the following is NOT an element in the pyramid of corporate social responsibility?

• A) Philanthropic
• B) Ethical
• C) Financial
• D) Cultural

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Definitions:

Invisible Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interests unintentionally contribute to the economic well-being of society.

Property Rights

Legal rights to possess, use, and dispose of assets.

Medium of Exchange

An intermediary used in trade to avoid the inconveniences of a pure barter system, such as currency or other financial instruments.

Efficient Use

Utilizing resources in a manner that maximizes the production of goods and services without waste.