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Which theory suggests that a company has an obligation towards other parts of society in return for its place in society and that the company

Which theory suggests that a company has an obligation towards other parts of society in return for its place in society and that the company needs to establish and maintain a 'licence to operate'?
Question 6Answer
a.
Stakeholder Theory
b.
Political Economy Theory
c.
Legitimacy Theory
d.
Social Contract Theory

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