A Conflict Between an Owner and a Manager May Occur

question 29

Multiple Choice

A conflict between an owner and a manager may occur when

• A)the manager earns more when the firm has higher profits.
• B)the manager is seeking to maximize leisure time.
• C)the owner can easily observe the manager slacking off and punish him accordingly.
• D)the firm is very small and the manager must perform multiple tasks.

---

Definitions:

Ethnic Groups

communities or populations sharing common cultural traits, ancestral heritage, language, and often religion, distinct from other groups.

Cohabitation Rates

The statistical measure that reflects the number of people living together in a romantic relationship without being married.

Remarriage Rates

Refer to the statistical occurrence of individuals entering into marriage again following a divorce or the death of a spouse.

Remarried Couples

Couples who have entered into marriage again after one or both partners have been previously married.