An Agency Problem Is Said to Exist When There Is

question 17

Multiple Choice

An agency problem is said to exist when there is a conflict of interest between _____ and _____.

• A) An agent; his or her representative.
• B) A broker; a dealer.
• C) A principal; his or her agent.
• D) One shareholder; another shareholder.
• E) A shareholder; a stakeholder.

---

Definitions:

Chasm

A significant gap or barrier that must be overcome, often used metaphorically in business and technology adoption contexts.

Technology Adoption Life Cycle

A model in sociology which explains how a new product or innovation is adopted or accepted, based on the demographic and psychological traits of specific groups of adopters.

Market Opportunity

The degree of customer or market demand for a specific product application.

Identifying Market Opportunity

Identifying market opportunity involves analyzing market trends, needs, and gaps to find untapped areas where a new product or service could be successfully introduced.