Legitimacy Theory Argues That Disclosure Practice

question 20

Multiple Choice

Legitimacy theory argues that disclosure practice.

• A) Organisations can only continue to exist if they demonstrate values consistent with society at large.
• B) Organisations should focus on wealth maximisation for their owners
• C) The business of business is business
• D) Consumers are only interested in minimising costs to themselves.

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Definitions:

Probability

The numerical evaluation, situated between 0 and 1, estimating the probability of an event's occurrence.

Sample Space

The set of all possible outcomes in a probability experiment.

Probability

A measure of the likelihood of a particular event or outcome in a set of possible events, typically expressed as a ratio between 0 and 1.

Air Quality Standards

Regulations set by governments to control the levels of pollutants in the air, ensuring it is safe to breathe and protective of public health and the environment.