Which responsibility sits at the highest level of the pyramid?
ALegal responsibility to obey the law of the land
BPhilanthropic responsibility to be a good citizen
CEconomic responsibility to remain profitable
DEthical responsibility to act justly and fairly
Answer & Solution
Correct answer: B. Philanthropic responsibility to be a good citizen
1. Philanthropic responsibilities occupy the highest level of the pyramid.
2. They can be considered only after the economic, legal, and ethical responsibilities have been met.
3. Economic responsibility is the base, legal responsibility the second level, and ethical responsibility rests on both of those.
4. Being a good corporate citizen therefore comes last in the ordering, not first.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 2 "Making Ethical Decisions and Managing a Socially Responsible Business", section 2.3 Understanding Social Responsibility_
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