Legitimacy Theory Flashcards
1
Q
Legitimacy theory
A
a social contract is used to describe how businesses interact with society
2
Q
businesses
A
receive permission from society to operate and are ultimately accountable to society
3
Q
organisational legitimacy
A
- used to explain the process by which the social contract is maintained
- organisations must appear to consider the right
4
Q
Organisations best interest
A
organisations need to take action to ensure their operations are seen to be legiimate