Examlex
Convert 12 ounces into an equivalent amount in teaspoons.
Principal-Agent Problem
A dilemma in relationships when one party (the agent) is expected to act in the best interest of another (the principal), but has the potential to act in their own self-interest instead.
Stockholders
Individuals or entities that own shares in a corporation, giving them partial ownership and possibly dividends based on the company's performance.
Profit Maximization
A process or strategy used by businesses to achieve the highest possible profit, considering revenue and costs.
Shirking
The behavior of avoiding work or responsibilities, often seen in employment contexts where workers may not perform their duties optimally.
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