Whenever There Is a Separation of the Owners (Principals)and the Managers

question 83

Multiple Choice

Whenever there is a separation of the owners (principals) and the managers (agents) of a firm,the potential exists for the wishes of the ____ to be ignored.

• A) owners
• B) managers
• C) employees
• D) customers

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Definitions:

Managed Care Program

A system of health care coverage in which the insurance company largely controls the nature, scope, and cost of medical or psychological services.

Anger Management Program

A therapeutic program designed to help individuals control or express their anger in a constructive and healthy manner.

Insurance Company

A business entity that provides financial protection against losses or damages in exchange for premium payments.

Psychological Therapy

Treatments for mental health disorders that involve talking to a psychologist or other mental health professional.