Which of the Following Is Most Usefully Thought of as a Principal-Agent

question 23

Multiple Choice

Which of the following is most usefully thought of as a principal-agent problem?

• A)the problem elected leaders have in ensuring bureaucrats carry out their wishes
• B)the problems courts have in getting citizens to abide by their decisions
• C)the problem politicians face in getting voters to vote for them
• D)the problems presidents and prime ministers have when "cohabitating"

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Definitions:

Enterprises

Large organizations or businesses, usually comprising multiple departments or units, and engaged in professional, commercial, or industrial activities.

Lower CASE Tools

Software tools used in the early stages of software development to help in the design and analysis of software products.

SDLC

The Software Development Life Cycle is a methodology used for the planning, creation, testing, and deployment of information systems.

Systems

Integrated assemblies of components or processes that work together to perform a specific function or set of functions.