The Separation of Ownership and Control Is the Most Effective

question 85

True/False

The separation of ownership and control is the most effective means used by firms to prevent managerial opportunism.

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Definitions:

Procreation

The biological process of reproducing offspring; the act of bringing new life into existence.

Conditioning

A process of behavior modification in which a subject learns to respond in a desired manner to a previously neutral stimulus that has been repeatedly presented along with an unconditioned stimulus that elicits the desired response.

Behaviourist

Referring to the school of psychology that focuses on observing and controlling behavior as the main source of psychological research and theory.

Historical View

The perspective that looks at past events and trends to understand how they influence the present and potentially the future.