Which of the following is NOT a component of the pyramid of corporate social responsibility?

Prepare for the NOCTI General Management Exam. Utilize interactive flashcards and multiple-choice questions with comprehensive hints and explanations. Ace your test!

The pyramid of corporate social responsibility, as defined by various frameworks in business ethics, typically includes four main components: economic responsibilities, legal responsibilities, ethical responsibilities, and philanthropic responsibilities. Each of these layers builds upon the last, emphasizing the importance of a company's role in society.

Philanthropic responsibilities refer to a company's voluntary efforts to contribute to the community and enhance the quality of life for its stakeholders, which sits at the top of the pyramid. Ethical responsibilities involve the moral obligations a company has to act ethically, beyond what legality demands. Legal responsibilities encapsulate a company's duty to comply with laws and regulations governing its operations.

The option "social responsibilities" is not one of the established components in the traditional pyramid model. Instead, corporate social responsibilities are often discussed in terms of the other three specific areas. Therefore, recognizing that "social responsibilities" is a broader, less defined term helps clarify that it does not fit as a distinct component within the established framework of corporate social responsibility. This understanding underscores the importance of specifics in defining roles and responsibilities within a business context.

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