In the CSR pyramid, which responsibility forms the base on which the others rest?
In the CSR pyramid, which responsibility forms the base on which the others rest?
Answer
Economic
Options - A. Economic - B. Philanthropic - C. Ethical - D. Legal Why - A. Correct — a company must be profitable before it can meet any other responsibility. - B. Philanthropy is the peak: desired, funded from profits earned below it. - C. Ethical responsibility sits above legal — expected but not required. - D. Legal sits just above economic; both are required, but profitability comes first.
OpenStax Intro to Business §2.3; OpenStax Accounting Vol 2 §13.1