Agency Theory Views the Management System as One Based on Social

question 4

True/False

Agency theory views the management system as one based on social and human values, whereas total quality is based on an economic perspective.

---

Definitions:

Ethical Principles

Fundamental guidelines or beliefs that govern the behavior and decision-making of individuals and organizations.

Confidentially

The assurance that sensitive information is kept secret and only disclosed according to agreed-upon terms or conditions.

Research Participants

Individuals who take part in scientific studies, often as subjects undergoing particular treatments or interventions.

Retention

The capability to retain and retrieve knowledge or events over a period.