Question

question 15

supporting community projects and making charitable contributions are examples of economic social responsibility.

true
false

Explanation:

Analyze Carroll's CSR Pyramid categories

Under Carroll's Pyramid of Corporate Social Responsibility (CSR), there are four distinct levels of responsibility:

1. Economic Responsibility: The foundational requirement to be profitable, produce goods/services, and provide jobs.
2. Legal Responsibility: The obligation to obey laws and regulations.
3. Ethical Responsibility: The duty to do what is right, just, and fair, avoiding harm.
4. Philanthropic Responsibility: Voluntary corporate actions aimed at supporting community projects, education, and making charitable contributions to improve quality of life.

Evaluate the statement

The statement asserts that "Supporting community projects and making charitable contributions are examples of economic social responsibility."

Since community projects and charitable donations fall under philanthropic responsibility (discretionary/voluntary actions) rather than economic responsibility (profitability and core business operations), the statement is false.

Answer:

• True
• False (Correct answer)