D) Organizational ceremony
E) Organizational identification
Which of the following statements is true about corporate social responsibility?
A) It is the managerial obligation to ensure the accountability of certain individuals in
an organization through mechanisms that try to reduce or eliminate the principal-agent
problem.
B) It is the managerial obligation to cater to the needs of the stockholders, while
abiding by the laws of the society.
C) It is the managerial obligation to take action that protects and improves both the
welfare of society as a whole and the interests of the organization.
D) It is the managerial obligation to abide to societal laws when pursuing organizational
goals.
E) It is the managerial obligation to ensure ethical decision-making in an organization
to benefit its customers.
According to the Life Cycle Theory, the ability of followers to perform their jobs
independently, to assume additional responsibility, and to desire to achieve success is
called ________.
A) maturity
B) authority