Which of the Following Theories Proposes That an Organization Must

question 80

Multiple Choice

Which of the following theories proposes that an organization must gain legitimacy in the eyes of stakeholders in order to grow and survive?

• A) Greiner's theory
• B) population ecology theory
• C) institutional theory
• D) contingency theory

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Definitions:

Mutually Acceptable Terms

Conditions or agreements in negotiations that are agreeable to all parties involved, ensuring each party's needs or interests are adequately addressed.

Final Offer Arbitration

A dispute resolution process where each party submits their final offer, and an arbitrator chooses one of those offers as the legally binding settlement, without alterations.

Conventional Arbitration

A dispute resolution process where a neutral third party makes a decision to resolve a conflict, often binding, after hearing arguments and evidence from both sides.

Contract Terms

The specific agreements and conditions outlined in a contract that determine the obligations, rights, and expectations of the parties involved.