Which Statement Describes the Relationship Between Institutional Theory (IT),Legitimacy Theory

question 17

Multiple Choice

Which statement describes the relationship between Institutional Theory (IT) ,Legitimacy Theory (LT) and Stakeholder Theory (ST) ?

• A) IT is a normative theory while LT and ST are positive theories.
• B) IT is a more detailed version of LT, and is broadly consistent with ST.
• C) The mechanisms IT suggests firms will use to align the perceptions of their performance with society's values could include the mechanisms suggested by LT and ST.
• D) The mechanisms IT suggests firms will use to align the perceptions of their performance with society's are different from the mechanisms suggested by LT and ST.

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Definitions:

Long Term Cohesion

The sustained unity and togetherness of a group, organization, or team over an extended period.

Avoiding Style

A conflict resolution approach where individuals intentionally stay away from addressing conflicts or disputes directly, often to prevent confrontation.

Forcing Style

A conflict resolution approach where one party imposes their solution to the conflict, disregarding the interests and opinions of the other party.

Self-Protection

Refers to behaviours and strategies employed by individuals to preserve their own well-being and safety in various contexts.