In the insider-outsider theory,
A)outsiders are workers who retain employment during recession.
B)insiders are managers who have more information about their firms' performance than outsiders.
C)insiders are "principals" and outsiders are "agents."
D)outsiders are laid-off workers and other qualified unemployed workers.

Question

Quizplus · Accepted Answer

The insider-outsider theory suggests that insiders are current employees who have job security, while outsiders are unemployed or laid-off workers who are not currently employed but are qualified for jobs.

In the Insider-Outsider Theory