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In light of principal-agent theory, briefly describe the relationship among contracts, superiors, and subordinates.
Disciplinary Meeting
A formal meeting between an employee and management to discuss misconduct or performance issues, potentially leading to disciplinary actions.
Traditional Grievance Procedures
Established processes through which employees can raise and resolve issues with management regarding working conditions or violations.
Workplace Decision-making
Involves the processes and methodologies used by organizations to make informed choices and strategies related to their operations and human resources.
Employees
Individuals who are hired by a company or another person to perform work in exchange for compensation.
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