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The Goal of OOAD Is to Make System Elements More

question 51

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The goal of OOAD is to make system elements more reusable.


Definitions:

Control Problems

Issues that arise in contexts where one party (the principal) delegates tasks to another party (the agent), who may have different interests or information.

Proxy Fights

Efforts by a group of shareholders to alter company management or policies by persuading other shareholders to vote in a way that is contrary to the current management's wishes.

Agency Problem

A conflict of interest arising between parties in a transaction, typically between the principals (owners) and the agents (managers) of a company, where the agent may not act in the best interest of the principal.

Merger

The combination of two or more companies into a single company, where they operate as a single legal entity.

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