Legitimacy Theory Flashcards

1
Q

Legitimacy theory

A

a social contract is used to describe how businesses interact with society

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2
Q

businesses

A

receive permission from society to operate and are ultimately accountable to society

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3
Q

organisational legitimacy

A
  • used to explain the process by which the social contract is maintained
  • organisations must appear to consider the right
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4
Q

Organisations best interest

A

organisations need to take action to ensure their operations are seen to be legiimate

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