Which of These Represent the Most Popular Solution to Moral

question 44

Multiple Choice

Which of these represent the most popular solution to moral dilemma and adverse selection problems?

• A) To more closely align the owners and agents interests through the use of executive bonus plans
• B) To allow the managers to act more as hired-hands only
• C) To remove vision components from mission
• D) To ensure board of directors report and work for the CEO

Understand the purpose and application of different types of tests (aptitude, achievement) in the selection process.

Recognize the importance and methods of ensuring reliable measurement in employee selection.

Know the role of interviews in the selection process and their accuracy.

Understand the impact of legislation on the collection and use of applicant information.

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Definitions:

Political Risk

The risk of losses due to changes in a country's political landscape or government policies that can affect investments or operations.

Licensing Agreement

A legal contract allowing one party to use another party's property or intellectual property under specified conditions.

Regional Economic Alliance

An agreement among countries in a specific geographic area to reduce trade barriers and increase economic cooperation.

Political Risk Analysis

The evaluation of how political events and conditions in a country affect the business environment and investment stability.