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0. The following statements relate to value-based organizations. Choose the correct code for the statements being correct or incorrect. Statement I: Nature of a corporation has been analyzed by theorists as private rights theory, social institution theory, contractual theory of the firm. Statement II: Nature of the corporation has been explained by input-output model under stakeholder theory; each stakeholder group the constituency is integral to the operation of a corporation.
Statement I is correct, but II is incorrect.
Statement II is correct, but I is incorrect.
Both the statements I and II are correct.
Both the statements I and II are incorrect.
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