What is a social contract and how does it relate to organisational legitimacy?
A) A social contract defines the legal obligations between employers and employees, ensuring fair treatment in the workplace.
B) A social contract outlines the moral and ethical responsibilities of organizations towards society, influencing their perceived legitimacy.
C) A social contract refers to the agreement between shareholders and management regarding profit distribution and decision-making processes within a company.
D) A social contract establishes guidelines for environmental sustainability initiatives within an organization, enhancing its public image and credibility.
