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According to Randels, what is the relationship between loyalty and self-interest? In a capitalist economy, self-interest...

According to Randels, what is the relationship between loyalty and self-interest?

In a capitalist economy, self-interest is the only option.

Loyalty requires acting against your own self-interest.

Organizations and people who are interested in profit cannot also be loyal.

The loyal person’s self-interest is linked to the organization’s interests.

Neither loyalty nor self-interest is appropriate for an employee.

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Answer #1

"D"

The loyal person's self interest is linked to the organisations interest and the firm doesn't face any principal agent problem that arises only because the employees and the management interest's are diverging.

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