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How did the worldwide mercantile system change the face of Europe?
Agency Theory
A principle that describes the relationship between principals (such as shareholders) and agents (such as company executives), focusing on the contracts and costs involved in resolving conflicts of interest.
Principals
Individuals or entities that own, govern, or have significant authority within an organization or operation.
Time Horizon
The length of time over which an investment, project, or policy is contemplated or expected to be effective or profitable.
Creativity
The capacity to generate innovative and useful ideas or solutions.
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