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Idra, a European University Student, Has Moved to Another Country

question 5

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Idra, a European university student, has moved to another country indefinitely to start a new career.He is currently experiencing anxiety, helplessness, and homesickness.Based on research on acculturation curves, what do you expect to happen with Idra next?


Definitions:

Agency Costs

Costs arising from the conflict of interest between a principal (such as a shareholder) and an agent (such as a company manager), including monitoring and contracting costs.

Moral Hazard

A situation in economics where one party can take risks because they do not bear the full consequences of their actions, often due to asymmetric information or a disconnect between actions and consequences.

Information Gathering

The process of collecting data and information from various sources to make informed decisions or understand situations better.

Principal-agent Relationships

A scenario where one party (the principal) delegates work to another party (the agent), who performs that work on behalf of the principal.

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