Corporate Social Responsibility Carroll's four part of pyramid, CSR, Four Component's Of CSR, Economic, Legal, Ethical, Philanthropic Responsibilities

5. A company's first responsibility is its economic responsibility. A
business of producing goods and services needed by society and
selling them making a profit. Companies have shareholders who
demand a reasonable return on their investments, they have
employees who want safe and fairly paid jobs, and they have
customers who demand good quality products at a fair price.
This is for the simple fact that if a company does not make
money, it won't last, employees will lose jobs and the company
won't even be able to think about taking care of its social
responsibilities. Before a company thinks about being a good
corporate citizen, it first needs to make sure that it can be
profitable. And this is the base of the pyramid, where all the
other layers rest on.

7. Responsibility - Legal Definition.
The liability for an act and the obligation to repair any damage
caused by that act; in criminal law, a person's mental capacity to
understand and answer in court for her or his actions; guilt. See
also competent and capacity.
1.It is important to perform in a manner consistent with
expectations of government and law.
2. It is important to comply with various federal, state, and local
regulations.
3. It is important to be a law-abiding corporate citizen.
4. It is important that a successful firm be defined as one that fulfills
its legal obligations.
5. It is important to provide goods and services that at least meet
minimal legal requirements.

8. Social responsibility is an Ethical framework which suggests that an
entity, be it an organization or individual, has an obligation to act
for the benefit of society at large. Social responsibility is a duty
every individual has to perform so as to maintain a balance
between the economy and the ecosystems.
1.It is important to perform in a manner consistent with maximizing
earnings per share.
2. It is important to be committed to being as profitable as possible.
3. It is important to maintain a strong competitive position.
4. It is important to maintain a high level of operating efficiency.
5. It is important that a successful firm be defined as one that is
consistently profitable.

10. As it is in the top of the pyramid, it focuses on more luxurious
things such as improving the quality of life of employees, local
communities and ultimately society in general. Philanthropic
responsibility is additional behaviors and activities that society finds
desirable and that the values of the business supports. Like giving
support to charities or community projects.
It is important to perform in a manner consistent with the
philanthropic and charitable expectations of society.
It is important to provide assistance to private and public
educational institutions.
This includes actively engaging in acts or programs to promote
human welfare or goodwill