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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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DQ6_Intro to Business

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Q a. Consider the steps on Carroll’s “Pyramid of Corporate Social Responsibility” (economic, legal, ethical, and philanthropic/voluntary responsibilities). Why do you think the company made the list? Do some research and provide specific examples for the steps on the pyramid. b. Do you think it is possible to make money and still be socially responsible? Why or why not? c. As a consumer with a plethora of options, how do you choose one brand or company over another?

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Corporate social responsibility is one of the must haves for the business people as doing a business does not simply mean making, buying or selling things rather it has more components such as ethics, moralities etc. Carroll’s (1991) pyramid of corporate social responsibility shows the steps to a successful business. There are four types of responsibilities of a businessman that are mentioned in Archie Carroll’s pyramid of corporate social responsibility. The four responsibilities are and economic legal, ethical, philanthropic responsibility