Examlex
Explain Erik Erikson's theory of socialization as a lifelong process.
Legitimacy
The perception or recognition by stakeholders that actions, decisions, or leadership are appropriate, proper, and justified within a socially constructed system of norms, values, beliefs, and definitions.
Dependent Stakeholders
Individuals or groups who rely on a business's success or failure for their own benefit but don't have direct control over its operations.
Urgency and Legitimacy
The critical need for action combined with the recognized authenticity or credibility that prompts such action.
Producer Unit
A term used in economics and sociology referring to a group or entity involved in producing goods or services, often within the context of a family or small-scale enterprise.
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