Economic responsibility in Carrolls Pyramid framework for businesss social and ethical responsibilities

a. falls below the importance of philanthropy responsibilities, which include discretionary social responsibilities of the business in the foreign country

b. builds upon the foundation of ethical responsibility, which is positioned at the bottom of the pyramid.

c. is secondary to legal responsibilities, both domestically and with foreign subsidiaries.

d. remains the bedrock for MNCs doing business internationally and is essential to survival and growth.