What Do Economists Call the Situation Where a Hired Manager

question 209

Multiple Choice

What do economists call the situation where a hired manager does not have the same interests as the owners of the business?

• A)conquest and control
• B)a financial problem
• C)a principal-agent problem
• D)a financial intermediary problem

---

Definitions:

Application Message

A message sent during the application process, typically covering interest in a position or responding to a job opening.

Central Selling Feature

The most appealing or distinctive attribute of a product or service that is emphasized in marketing.

Application Message

Communication sent to express interest in a job or to apply for a position.

Tailor the Message

Customizing communication to fit the specific interests, needs, or preferences of the audience.