Corporate risk arises at a number of levels that include Sub-committee risk, regulation risks, operational risks Strategic level, Management level, Operational level Strategic level, regulation, sub-committee level 2 Points Question 16 What are the four levels of responsibility companies have according to Carroll (1979 Strategic, Legal, Ethical, Economic Economic Legal, Cultural, Strategic Economic Legal, Ethical, Philanthropic Z Points Question 17 The UK Companies Act (2006) requires directors to A Take stakeholders interest into consideration Take shareholders interest only into consideration Not take into consideration the impact on environment Q DU 30 93: SC & # $ % 5 6 8 7 1 2 4 3 1A RT Y