The Two Dimensions James Marcia Described That Combine to Yield

question 1

Multiple Choice

The two dimensions James Marcia described that combine to yield four identity statuses are ​

• A)completion and confusion.
• B)commitment and confusion.
• C)commitment and crisis.
• D)completion and crisis.

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Definitions:

Limited Liability

A legal structure where a company's owners are protected from personal responsibility for its debts or liabilities beyond their investment in the company.

Stakeholder Theory

A concept in organizational management and business ethics that emphasizes the importance of considering the interests of all parties affected by business activities, not just shareholders.

Financial Interests

Refers to the ownership stake or economic benefits that an individual or entity has in an asset or a transaction.

Agency Costs

The costs associated with resolving conflicts of interest between company management and shareholders.