Answer:
option A
Explanation:
The Peter Principle state that the People have promoted on the basis of there knowledge in the previous job but there comes a stage when an employee becomes incompetent of the job.
The Iron Law of Oligarchy was stated by Robert Michels. He stated that how democratic they are when they started, but eventually, they turn into oligarchies.
The Iron law of responsibility stated by theorist Keith Davis stated that it is the duty of the corporate to use its power wisely.
If the corporate misuse their power then it will tend to lose the social responsibility.
Hence, the correct answer is option A
