Which of the following statements is not true about economics-based perspective of 'rationality' or 'self-interest' in explaining the behaviour of managers?

Question

Quizplus · Accepted Answer

The economics-based perspective of 'rationality' or 'self-interest' explains that managers will work in their own self-interest unless constrained to do otherwise and that they may be opportunistic in the absence of safeguards. Therefore, Option C is not true as it implies that managers work towards maximising the benefits of all stakeholders, which may not always be the case.

Which of the Following Statements Is Not True About Economics-Based