Which Theory States That the Recognition That Those Who Own

question 38

Multiple Choice

Which theory states that the recognition that those who own firms and manage them are now separated, and thus the agents may act in their own best interest rather than that of the firm?

• A) Agency theory
• B) Contract theory
• C) M&A theory
• D) Attribution theory

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Definitions:

Followers' Needs

The requirements or expectations of subordinates or team members, including guidance, support, recognition, and effective communication from their leaders.

Values

Core beliefs or standards that guide behavior and decision-making, reflecting what is important to an individual or organization.

Morals

Principles or habits with respect to right or wrong conduct, often based on societal norms, religion, or individual beliefs.

Social Architects

Leaders or individuals who carefully design and shape the social structures and cultures within their organizations or communities.