The traditional perspective is that ________ in business organizations are agents who represent the interest of the ________ in achieving economic success for the organization.
A) managers; owners
B) managers; employees
C) employees; owners
D) employees; managers

Question

Quizplus · Accepted Answer

The traditional perspective in business organizations views managers as agents who represent the interest of the owners (shareholders) in achieving economic success for the organization. This perspective is based on the principle of agency theory, where managers are hired to act on behalf of the owners to maximize shareholder value.

The Traditional Perspective Is That ________ in Business Organizations Are